PPG Coatings Danmark A/S — Credit Rating and Financial Key Figures

PPG Coatings Danmark A/S (CVR number: 18998696) is a company from GLADSAXE. The company reported a net sales of 982.6 mDKK in 2024, demonstrating a decline of -2.9 % compared to the previous year. The operating profit percentage was at 6.9 % (EBIT: 67.7 mDKK), while net earnings were 59.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70 %, 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. PPG Coatings Danmark A/S's liquidity measured by quick ratio was 1.6 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.