Pappa's Multiservice ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Pappa's Multiservice ApS
Pappa's Multiservice ApS (CVR number: 41833971) is a company from VARDE. The company recorded a gross profit of -33.8 kDKK in 2024. The operating profit was -77 kDKK, while net earnings were -59.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.8 %, which can be considered poor and Return on Equity (ROE) was -27.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.9 %, 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. Pappa's Multiservice ApS's liquidity measured by quick ratio was 4.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 315.98 | 288.50 | 500.77 | -33.84 |
| EBIT | 67.84 | 31.81 | 206.78 | -76.99 |
| Net earnings | 53.08 | 25.29 | 156.29 | -59.59 |
| Shareholders equity total | 88.46 | 88.74 | 245.04 | 185.44 |
| Balance sheet total (assets) | 105.09 | 428.02 | 316.31 | 237.92 |
| Net debt | -83.45 | - 322.76 | - 281.39 | - 174.29 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 65.6 % | 12.2 % | 55.6 % | -27.8 % |
| ROE | 60.0 % | 28.5 % | 93.7 % | -27.7 % |
| ROI | 78.0 % | 36.4 % | 120.0 % | -34.5 % |
| Economic value added (EVA) | 53.23 | 20.37 | 155.64 | -72.08 |
| Solvency | ||||
| Equity ratio | 84.2 % | 20.7 % | 77.5 % | 77.9 % |
| Gearing | 2.2 % | 3.6 % | 3.5 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 6.3 | 1.3 | 4.4 | 4.4 |
| Current ratio | 6.3 | 1.3 | 4.4 | 4.5 |
| Cash and cash equivalents | 83.45 | 324.67 | 290.31 | 180.71 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BBB | BB | B |
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