PARAMETRIC TECHNOLOGY (DENMARK) A/S — Credit Rating and Financial Key Figures

CVR number: 16993433
Lyngbyvej 14, 2100 København Ø

Credit rating

Company information

Official name
PARAMETRIC TECHNOLOGY (DENMARK) A/S
Personnel
8 persons
Established
1993
Company form
Limited company
Industry
  • Expand more icon622000

About PARAMETRIC TECHNOLOGY (DENMARK) A/S

PARAMETRIC TECHNOLOGY (DENMARK) A/S (CVR number: 16993433) is a company from KØBENHAVN. The company reported a net sales of 14.9 mDKK in 2023, demonstrating a growth of 12.9 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 1 mDKK), while net earnings were 750.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good and Return on Equity (ROE) was 14.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. PARAMETRIC TECHNOLOGY (DENMARK) A/S's liquidity measured by quick ratio was 2.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales15 118.4313 274.3413 139.8513 199.5314 897.81
Gross profit13 071.2411 862.9812 195.5711 904.4913 344.49
EBIT498.35409.43395.29398.99980.16
Net earnings319.92291.82289.59284.77750.17
Shareholders equity total4 051.524 343.344 632.934 917.705 667.87
Balance sheet total (assets)7 943.176 877.168 768.517 195.299 059.02
Net debt-3 442.81-1 836.89-1 854.03- 815.16-1 834.28
Profitability
EBIT-%3.3 %3.1 %3.0 %3.0 %6.6 %
ROA6.2 %5.5 %5.1 %5.0 %12.1 %
ROE8.2 %7.0 %6.5 %6.0 %14.2 %
ROI11.2 %9.8 %8.4 %7.4 %15.8 %
Economic value added (EVA)568.62278.99173.45176.34591.52
Solvency
Equity ratio51.0 %63.2 %52.8 %68.3 %62.6 %
Gearing8.6 %17.4 %17.1 %
Relative net indebtedness %3.0 %5.3 %5.9 %4.6 %3.9 %
Liquidity
Quick ratio2.02.72.93.12.8
Current ratio2.02.72.93.12.8
Cash and cash equivalents3 442.811 836.892 254.071 669.752 805.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %25.9 %31.4 %42.4 %36.2 %37.8 %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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