Pettreats ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Pettreats ApS
Pettreats ApS (CVR number: 38448188) is a company from ODENSE. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 50.9 % compared to the previous year. The operating profit percentage was at 56.6 % (EBIT: 0.3 mDKK), while net earnings were 195.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 110.2 %, which can be considered excellent and Return on Equity (ROE) was 105 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. Pettreats ApS's liquidity measured by quick ratio was 2.9 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 95.94 | 258.03 | 259.54 | 293.30 | 442.55 |
Gross profit | 90.86 | 257.46 | 213.58 | 272.24 | 407.58 |
EBIT | 10.99 | 26.41 | 55.82 | 114.90 | 250.39 |
Net earnings | 4.46 | 20.14 | 42.44 | 34.48 | 195.35 |
Shareholders equity total | 20.81 | 40.94 | 83.39 | 117.87 | 254.32 |
Balance sheet total (assets) | 42.83 | 84.74 | 96.63 | 123.87 | 331.39 |
Net debt | -42.83 | -84.74 | -94.90 | -29.43 | -20.53 |
Profitability | |||||
EBIT-% | 11.5 % | 10.2 % | 21.5 % | 39.2 % | 56.6 % |
ROA | 37.3 % | 41.4 % | 61.6 % | 165.8 % | 110.2 % |
ROE | 24.0 % | 65.2 % | 68.3 % | 34.3 % | 105.0 % |
ROI | 59.4 % | 85.5 % | 89.8 % | 46.7 % | 134.8 % |
Economic value added (EVA) | 9.77 | 21.71 | 45.74 | 90.20 | 193.04 |
Solvency | |||||
Equity ratio | 48.6 % | 48.3 % | 86.3 % | 95.2 % | 76.7 % |
Gearing | |||||
Relative net indebtedness % | -21.7 % | -15.9 % | -31.5 % | -8.0 % | 12.8 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.0 | 8.4 | 6.4 | 2.9 |
Current ratio | 2.0 | 2.0 | 8.4 | 6.4 | 2.9 |
Cash and cash equivalents | 42.83 | 84.74 | 94.90 | 29.43 | 20.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 22.3 % | 16.4 % | 32.8 % | 11.1 % | 30.6 % |
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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