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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  1.9% 1.7% 1.3% 1.1% 1.6%  
Credit score (0-100)  72 74 79 83 73  
Credit rating  A A A A A  
Credit limit (kDKK)  0.4 1.9 27.4 83.6 5.1  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  703 629 762 846 769  
EBITDA  472 387 515 569 496  
EBIT  375 315 424 475 402  
Pre-tax profit (PTP)  376.2 307.8 471.2 367.4 459.7  
Net earnings  293.2 239.8 367.3 286.6 358.5  
Pre-tax profit without non-rec. items  376 308 471 367 460  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  86.7 27.6 116 168 79.0  
Shareholders equity total  807 1,047 1,415 1,701 2,060  
Interest-bearing liabilities  0.0 0.0 0.0 0.0 5.0  
Balance sheet total (assets)  920 1,199 1,561 1,829 2,202  

Net Debt  -355 -363 -464 -714 -1,229  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  703 629 762 846 769  
Gross profit growth  14.7% -10.6% 21.2% 10.9% -9.1%  
Employees  2 2 2 2 2  
Employee growth %  100.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  920 1,199 1,561 1,829 2,202  
Balance sheet change%  50.3% 30.3% 30.2% 17.2% 20.4%  
Added value  374.6 314.6 423.8 475.3 402.4  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -50 -131 -2 -43 -182  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  4.0 5.0 5.0 5.0 5.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  53.3% 50.0% 55.6% 56.2% 52.4%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  49.4% 29.6% 34.6% 24.0% 23.0%  
ROI %  57.3% 33.8% 38.8% 26.1% 24.6%  
ROE %  44.4% 25.9% 29.8% 18.4% 19.1%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  87.8% 87.3% 90.6% 93.0% 93.5%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -75.2% -93.8% -90.1% -125.3% -247.7%  
Gearing %  0.0% 0.0% 0.0% 0.0% 0.2%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 0.0% 0.0% 162.5%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  3.7 3.7 3.9 6.9 9.1  
Current Ratio  3.8 3.8 4.0 7.1 9.2  
Cash and cash equivalent  354.9 363.1 463.7 713.6 1,233.9  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  316.9 418.5 444.2 778.9 1,173.1  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  187 157 212 238 201  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  236 193 257 285 248  
EBIT / employee  187 157 212 238 201  
Net earnings / employee  147 120 184 143 179