PVN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PVN HOLDING A/S
PVN HOLDING A/S (CVR number: 15808292K) is a company from HERNING. The company reported a net sales of 516.5 mDKK in 2024, demonstrating a decline of -13.9 % compared to the previous year. The operating profit percentage was at 11.8 % (EBIT: 60.9 mDKK), while net earnings were 44.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good but Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PVN HOLDING A/S's liquidity measured by quick ratio was 3 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 551.62 | 623.27 | 660.05 | 599.92 | 516.55 |
Gross profit | 194.68 | 218.21 | 189.37 | 173.67 | 186.40 |
EBIT | 108.84 | 106.95 | 84.05 | 61.25 | 60.91 |
Net earnings | 86.83 | 79.31 | 63.87 | 47.23 | 44.29 |
Shareholders equity total | 371.24 | 454.33 | 518.81 | 582.12 | 575.61 |
Balance sheet total (assets) | 440.36 | 671.02 | 661.46 | 633.55 | 617.38 |
Net debt | -9.05 | -21.07 | |||
Profitability | |||||
EBIT-% | 19.7 % | 17.2 % | 12.7 % | 10.2 % | 11.8 % |
ROA | 25.3 % | 19.2 % | 12.6 % | 9.5 % | 10.5 % |
ROE | 25.8 % | 19.2 % | 13.1 % | 8.6 % | 7.7 % |
ROI | 26.5 % | 19.2 % | 12.6 % | 9.8 % | 11.2 % |
Economic value added (EVA) | 89.69 | 88.29 | 61.21 | 22.40 | 13.08 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 91.9 % | 93.2 % |
Gearing | 1.5 % | 1.2 % | |||
Relative net indebtedness % | 5.4 % | 2.4 % | |||
Liquidity | |||||
Quick ratio | 3.0 | 3.0 | |||
Current ratio | 8.3 | 10.6 | |||
Cash and cash equivalents | 17.72 | 27.80 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 33.0 | 32.0 | |||
Net working capital % | 52.8 % | 63.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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