PARAMETRIC TECHNOLOGY (DENMARK) A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 15 118.43 | 13 274.34 | 13 139.85 | 13 199.53 | 14 897.81 |
Gross profit | 13 071.24 | 11 862.98 | 12 195.57 | 11 904.49 | 13 344.49 |
EBIT | 498.35 | 409.43 | 395.29 | 398.99 | 980.16 |
Net earnings | 319.92 | 291.82 | 289.59 | 284.77 | 750.17 |
Shareholders equity total | 4 051.52 | 4 343.34 | 4 632.93 | 4 917.70 | 5 667.87 |
Balance sheet total (assets) | 7 943.17 | 6 877.16 | 8 768.51 | 7 195.29 | 9 059.02 |
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 % |
ROA | 6.2 % | 5.5 % | 5.1 % | 5.0 % | 12.1 % |
ROE | 8.2 % | 7.0 % | 6.5 % | 6.0 % | 14.2 % |
ROI | 11.2 % | 9.8 % | 8.4 % | 7.4 % | 15.8 % |
Economic value added (EVA) | 568.62 | 278.99 | 173.45 | 176.34 | 591.52 |
Solvency | |||||
Equity ratio | 51.0 % | 63.2 % | 52.8 % | 68.3 % | 62.6 % |
Gearing | 8.6 % | 17.4 % | 17.1 % | ||
Relative net indebtedness % | 3.0 % | 5.3 % | 5.9 % | 4.6 % | 3.9 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.7 | 2.9 | 3.1 | 2.8 |
Current ratio | 2.0 | 2.7 | 2.9 | 3.1 | 2.8 |
Cash and cash equivalents | 3 442.81 | 1 836.89 | 2 254.07 | 1 669.75 | 2 805.82 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 25.9 % | 31.4 % | 42.4 % | 36.2 % | 37.8 % |
Credit risk | |||||
Credit rating | BBB | A | A | A | AA |
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