PlatinumCube ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PlatinumCube ApS
PlatinumCube ApS (CVR number: 43288768) is a company from FURESØ. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -70.8 % compared to the previous year. The operating profit percentage was at 49.8 % (EBIT: 0.2 mDKK), while net earnings were 154.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74 %, which can be considered excellent and Return on Equity (ROE) was 91.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PlatinumCube ApS's liquidity measured by quick ratio was 2.1 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 1 364.21 | 397.96 |
Gross profit | 1 318.33 | 340.26 |
EBIT | 327.98 | 198.28 |
Net earnings | 255.83 | 154.66 |
Shareholders equity total | 295.83 | 41.08 |
Balance sheet total (assets) | 456.03 | 80.19 |
Net debt | -28.69 | -10.91 |
Profitability | ||
EBIT-% | 24.0 % | 49.8 % |
ROA | 71.9 % | 74.0 % |
ROE | 86.5 % | 91.8 % |
ROI | 110.9 % | 117.7 % |
Economic value added (EVA) | 255.83 | 141.23 |
Solvency | ||
Equity ratio | 64.9 % | 51.2 % |
Gearing | ||
Relative net indebtedness % | 9.6 % | 7.1 % |
Liquidity | ||
Quick ratio | 2.8 | 2.1 |
Current ratio | 2.8 | 2.1 |
Cash and cash equivalents | 28.69 | 10.91 |
Capital use efficiency | ||
Trade debtors turnover (days) | 86.9 | |
Net working capital % | 21.7 % | 10.3 % |
Credit risk | ||
Credit rating | BB | B |
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