PP ApS — Credit Rating and Financial Key Figures

CVR number: 28329024
Brinken 17, 7200 Grindsted

Credit rating

Company information

Official name
PP ApS
Established
2005
Company form
Private limited company
Industry

About PP ApS

PP ApS (CVR number: 28329024) is a company from BILLUND. The company recorded a gross profit of -17.6 kDKK in 2023. The operating profit was -17.6 kDKK, while net earnings were 353.2 kDKK. 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 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PP ApS's liquidity measured by quick ratio was 73.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-21.34-38.24-38.80-20.37-17.65
EBIT-36.34- 191.26-53.80696.66-17.65
Net earnings- 272.09390.45- 653.351 013.75353.24
Shareholders equity total9 836.679 527.128 023.778 437.527 990.77
Balance sheet total (assets)9 925.279 647.868 196.058 489.068 113.26
Net debt-7 144.17-7 363.02-5 843.14-8 355.71-8 044.54
Profitability
EBIT-%
ROA1.6 %4.9 %2.1 %13.1 %5.7 %
ROE-2.6 %4.0 %-7.4 %12.3 %4.3 %
ROI1.6 %4.9 %2.1 %13.1 %5.8 %
Economic value added (EVA)- 168.79- 298.03- 158.34561.24-16.93
Solvency
Equity ratio99.1 %98.7 %97.9 %99.4 %98.5 %
Gearing0.7 %0.9 %1.4 %0.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio81.861.734.9223.273.8
Current ratio81.861.734.9223.273.8
Cash and cash equivalents7 217.777 446.865 956.878 374.608 056.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:5.75%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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