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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  18.1% 24.3% 27.0% 11.2% 9.3%  
Credit score (0-100)  8 3 2 20 27  
Credit rating  B B B BB BB  
Credit limit (kDKK)  0.0 0.0 -0.0 0.0 0.0  

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

Income statement (kDKK) 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Net sales  0 0 0 0 0  
Gross profit  671 817 1,187 2,349 3,014  
EBITDA  1.2 140 -68.3 739 542  
EBIT  -88.8 34.5 -195 593 349  
Pre-tax profit (PTP)  -141.3 -2.7 -223.7 487.1 294.1  
Net earnings  -96.4 -11.7 -162.3 349.0 253.7  
Pre-tax profit without non-rec. items  -141 -2.7 -224 487 294  

 
See the entire income statement

Balance sheet (kDKK) 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Tangible assets total  240 242 252 721 748  
Shareholders equity total  -81.0 -92.6 -255 94.1 348  
Interest-bearing liabilities  343 310 236 776 354  
Balance sheet total (assets)  638 835 703 1,431 1,506  

Net Debt  342 237 173 553 139  
 
See the entire balance sheet

Volume 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  671 817 1,187 2,349 3,014  
Gross profit growth  0.8% 21.6% 45.4% 97.9% 28.3%  
Employees  2 2 3 3 5  
Employee growth %  0.0% 0.0% 50.0% 0.0% 66.7%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  638 835 703 1,431 1,506  
Balance sheet change%  414.3% 30.8% -15.7% 103.5% 5.3%  
Added value  1.2 140.0 -68.3 720.2 542.5  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  420 -134 -147 293 -197  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  -1.0 1.0 -1.0 1.0 2.0  

Profitability 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
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 (%)  -13.2% 4.2% -16.4% 25.3% 11.6%  
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 %  -21.1% 4.2% -20.7% 49.7% 23.9%  
ROI %  -49.6% 10.6% -71.6% 107.3% 44.7%  
ROE %  -29.5% -1.6% -21.1% 87.5% 114.8%  

Solidity 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Equity ratio %  -11.3% -10.0% -26.6% 6.6% 23.1%  
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, %  29,643.5% 169.4% -252.9% 74.8% 25.7%  
Gearing %  -423.4% -334.4% -92.4% 824.9% 101.8%  
Net interest  0 0 0 0 0  
Financing costs %  30.6% 11.4% 10.4% 21.0% 10.1%  

Liquidity 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Quick Ratio  0.3 0.6 0.3 0.6 0.6  
Current Ratio  0.3 0.6 0.3 0.6 0.6  
Cash and cash equivalent  1.0 72.5 62.9 223.7 214.6  

Capital use efficiency 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
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  -267.1 -264.9 -481.6 -356.4 -410.9  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
2024
2024/12
Net sales / employee  0 0 0 0 0  
Added value / employee  1 70 -23 240 108  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  1 70 -23 246 108  
EBIT / employee  -44 17 -65 198 70  
Net earnings / employee  -48 -6 -54 116 51