PPG Coatings Danmark A/S

PPG Coatings Danmark A/S (CVR number: 18998696) is a company from GLADSAXE. The company reported a net sales of 1011.9 mDKK in 2023, demonstrating a decline of -4.7 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 35.3 mDKK), while net earnings were 25.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PPG Coatings Danmark A/S's liquidity measured by quick ratio was 1.7 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.