PHILIPS DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 43253018
Olivia Hansens Gade 3, 1799 København V
tel: 33293333
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Credit rating

Company information

Official name
PHILIPS DANMARK A/S
Personnel
109 persons
Established
1927
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales480.00519.48363.94334.85399.01
Gross profit480.00126.26117.87119.70123.30
EBIT2.002.7212.007.437.42
Net earnings-1.003.858.988.858.18
Shareholders equity total102.57104.64113.86123.04131.55
Balance sheet total (assets)259.00300.52226.18216.28223.74
Net debt28.729.042.5513.25
Profitability
EBIT-%0.4 %0.5 %3.3 %2.2 %1.9 %
ROA0.7 %2.3 %4.6 %4.1 %4.9 %
ROE-1.0 %3.7 %8.2 %7.5 %6.4 %
ROI0.7 %3.0 %7.7 %6.0 %7.2 %
Economic value added (EVA)-3.23-3.441.500.08-1.68
Solvency
Equity ratio100.0 %40.2 %53.6 %60.4 %62.1 %
Gearing27.5 %8.3 %2.1 %10.1 %
Relative net indebtedness %36.3 %28.1 %25.1 %21.9 %
Liquidity
Quick ratio1.82.33.02.8
Current ratio1.62.22.72.5
Cash and cash equivalents0.060.44
Capital use efficiency
Trade debtors turnover (days)124.892.145.881.6
Net working capital %19.0 %29.2 %35.3 %32.1 %
Credit risk
Credit ratingBBBAAAAAAAAAA

Variable visualization

ROA:4.95%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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