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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  1.5% 2.7% 2.0% 2.1% 3.6%  
Credit score (0-100)  77 60 67 66 51  
Credit rating  A BBB A A BBB  
Credit limit (kDKK)  21.5 0.0 0.9 0.3 0.0  

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  7,796 6,348 8,257 7,610 6,142  
EBITDA  1,613 634 1,840 1,312 235  
EBIT  1,378 496 1,801 1,249 155  
Pre-tax profit (PTP)  1,341.0 472.8 1,838.5 1,161.9 187.8  
Net earnings  1,041.8 367.0 1,428.9 899.1 144.1  
Pre-tax profit without non-rec. items  1,341 473 1,838 1,162 188  

 
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  534 396 573 625 545  
Shareholders equity total  3,952 3,819 3,578 3,077 2,221  
Interest-bearing liabilities  303 406 108 142 115  
Balance sheet total (assets)  6,443 7,154 5,720 5,200 3,831  

Net Debt  -2,736 -3,280 -2,254 -2,096 -1,031  
 
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  7,796 6,348 8,257 7,610 6,142  
Gross profit growth  7.7% -18.6% 30.1% -7.8% -19.3%  
Employees  9 8 9 10 9  
Employee growth %  -10.0% -11.1% 12.5% 11.1% -10.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  6,443 7,154 5,720 5,200 3,831  
Balance sheet change%  15.2% 11.0% -20.0% -9.1% -26.3%  
Added value  1,612.9 634.1 1,840.2 1,288.5 234.8  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -411 -276 204 -61 -131  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  3.0 4.0 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 (%)  17.7% 7.8% 21.8% 16.4% 2.5%  
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 %  23.1% 7.5% 29.2% 23.0% 4.5%  
ROI %  36.5% 12.0% 47.2% 35.8% 7.1%  
ROE %  29.0% 9.4% 38.6% 27.0% 5.4%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  61.3% 53.4% 62.5% 59.2% 58.0%  
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, %  -169.6% -517.4% -122.5% -159.8% -439.1%  
Gearing %  7.7% 10.6% 3.0% 4.6% 5.2%  
Net interest  0 0 0 0 0  
Financing costs %  24.9% 10.8% 16.3% 77.3% 11.5%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  2.5 2.3 2.3 2.2 2.0  
Current Ratio  2.5 2.3 2.3 2.2 2.0  
Cash and cash equivalent  3,038.7 3,686.5 2,361.9 2,237.7 1,146.1  

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  3,507.6 3,731.0 2,816.2 2,390.6 1,521.8  
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  179 79 204 129 26  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  179 79 204 131 26  
EBIT / employee  153 62 200 125 17  
Net earnings / employee  116 46 159 90 16