Politikens Udviklingsselskab A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2 269.00 | -4 134.48 | -2 070.00 | - 221.00 | 855.19 |
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 | -3 987.00 | 153.63 | 754.08 | 717.24 | 360.58 |
Balance sheet total (assets) | 2 037.00 | 3 540.28 | 2 792.00 | 2 513.00 | 2 183.60 |
Net debt | 4 060.00 | 1 361.88 | - 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 ratio | 0.4 | 1.8 | 2.9 | 4.0 | 3.3 |
Current ratio | 0.3 | 1.2 | 1.9 | 1.6 | 1.7 |
Cash and cash equivalents | 138.00 | 186.96 | 1 132.00 | 1 028.00 | 970.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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