PVH FINER A/S — Credit Rating and Financial Key Figures

CVR number: 13607885
Industrivej 53, 6760 Ribe
pm@pvh-finer.dk
tel: 75411220

Credit rating

Company information

Official name
PVH FINER A/S
Personnel
1 person
Established
1989
Company form
Limited company
Industry

About PVH FINER A/S

PVH FINER A/S (CVR number: 13607885) is a company from ESBJERG. The company recorded a gross profit of 234.1 kDKK in 2023. The operating profit was 168.5 kDKK, while net earnings were -243.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -2.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PVH FINER A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit500.832 802.081 644.23638.28234.13
EBIT500.832 802.081 644.23587.80168.46
Net earnings804.703 023.50884.54248.34- 243.13
Shareholders equity total894.624 036.844 631.664 880.0017 155.12
Balance sheet total (assets)6 845.419 381.0312 891.9916 378.9817 834.45
Net debt2 410.52408.757 075.8810 700.75- 108.93
Profitability
EBIT-%
ROA16.7 %35.1 %14.8 %4.0 %1.0 %
ROE168.0 %122.6 %20.4 %5.2 %-2.2 %
ROI17.9 %43.2 %16.8 %4.1 %1.0 %
Economic value added (EVA)376.773 136.291 130.56384.90- 107.58
Solvency
Equity ratio13.1 %43.0 %35.9 %29.8 %96.2 %
Gearing269.9 %53.6 %165.6 %221.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.20.20.11.1
Current ratio0.41.20.20.11.1
Cash and cash equivalents4.421 753.41593.82119.12108.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:1.01%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.2%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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