PHILIPS DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PHILIPS DANMARK A/S
PHILIPS DANMARK A/S (CVR number: 43253018) is a company from KØBENHAVN. The company reported a net sales of 399 mDKK in 2024, demonstrating a growth of 19.2 % compared to the previous year. The operating profit percentage was at 1.9 % (EBIT: 7.4 mDKK), while net earnings were 8176 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 62.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PHILIPS DANMARK A/S's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 480.00 | 519.48 | 363.94 | 334.85 | 399.01 |
Gross profit | 480.00 | 126.26 | 117.87 | 119.70 | 123.30 |
EBIT | 2.00 | 2.72 | 12.00 | 7.43 | 7.42 |
Net earnings | -1.00 | 3.85 | 8.98 | 8.85 | 8.18 |
Shareholders equity total | 102.57 | 104.64 | 113.86 | 123.04 | 131.55 |
Balance sheet total (assets) | 259.00 | 300.52 | 226.18 | 216.28 | 223.74 |
Net debt | 28.72 | 9.04 | 2.55 | 13.25 | |
Profitability | |||||
EBIT-% | 0.4 % | 0.5 % | 3.3 % | 2.2 % | 1.9 % |
ROA | 0.7 % | 2.3 % | 4.6 % | 4.1 % | 4.9 % |
ROE | -1.0 % | 3.7 % | 8.2 % | 7.5 % | 6.4 % |
ROI | 0.7 % | 3.0 % | 7.7 % | 6.0 % | 7.2 % |
Economic value added (EVA) | -3.23 | -3.44 | 1.50 | 0.08 | -1.68 |
Solvency | |||||
Equity ratio | 100.0 % | 40.2 % | 53.6 % | 60.4 % | 62.1 % |
Gearing | 27.5 % | 8.3 % | 2.1 % | 10.1 % | |
Relative net indebtedness % | 36.3 % | 28.1 % | 25.1 % | 21.9 % | |
Liquidity | |||||
Quick ratio | 1.8 | 2.3 | 3.0 | 2.8 | |
Current ratio | 1.6 | 2.2 | 2.7 | 2.5 | |
Cash and cash equivalents | 0.06 | 0.44 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 124.8 | 92.1 | 45.8 | 81.6 | |
Net working capital % | 19.0 % | 29.2 % | 35.3 % | 32.1 % | |
Credit risk | |||||
Credit rating | BBB | A | AAA | AAA | AAA |
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