Politikens Udviklingsselskab A/S — Credit Rating and Financial Key Figures

CVR number: 39356333
Rådhuspladsen 37, 1550 København V

Credit rating

Company information

Official name
Politikens Udviklingsselskab A/S
Personnel
1 person
Established
2018
Company form
Limited company
Industry
  • Expand more icon58Publishing activities

About Politikens Udviklingsselskab A/S

Politikens Udviklingsselskab A/S (CVR number: 39356333) is a company from KØBENHAVN. The company recorded a gross profit of 855.2 kDKK in 2023. The operating profit was -499.3 kDKK, while net earnings were -656.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -121.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Politikens Udviklingsselskab A/S's liquidity measured by quick ratio was 3.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2 269.00-4 134.48-2 070.00- 221.00855.19
EBIT-5 609.00-9 969.88-6 073.00-2 542.00- 499.26
Net earnings-4 411.00-7 859.01-4 800.00-2 037.00- 656.66
Shareholders equity total-3 987.00153.63754.08717.24360.58
Balance sheet total (assets)2 037.003 540.282 792.002 513.002 183.60
Net debt4 060.001 361.88- 629.00-1 022.00- 937.66
Profitability
EBIT-%
ROA-134.8 %-208.5 %-191.7 %-95.6 %-19.1 %
ROE-279.0 %-717.5 %-1057.6 %-276.9 %-121.8 %
ROI-188.1 %-302.6 %-302.3 %-201.6 %-80.3 %
Economic value added (EVA)-4 315.86-7 563.07-4 735.15-1 963.42- 681.41
Solvency
Equity ratio-71.4 %6.0 %33.5 %41.0 %22.5 %
Gearing-105.3 %1008.2 %66.7 %0.8 %9.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.82.94.03.3
Current ratio0.31.21.91.61.7
Cash and cash equivalents138.00186.961 132.001 028.00970.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-19.1%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.5%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chairman of the board

Companies in the same industry

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