Paroc Panel System AB

ABDissolved

Org 5565349999Wholesale of wood, construction materials and sanitary equipment· NACE 4673Est. 1996 · 29 years old9 employees

Overview

Paroc Panel System AB is a Swedish AB, operating in the Wholesale of wood, construction materials and sanitary equipment sector. Incorporated in 1996, the company has 9 employees and reported revenue of SEK 177.0m in its latest annual filing.

Revenue 2017

177M SEK

+40% vs 2016

EBITDA margin

1.7 %

+785% vs 2016

Net profit 2017

2.2M SEK

+818% vs 2016

Key ratios

See full ratios →

8.0 %

Very weak

Among the 20% lowest rated companies in the industry

20162017

1.0×

Very weak

Among the 20% lowest rated companies in the industry

20162017

5.6 %

Strong

Among the 40% highest rated companies in the industry

20162017

EBITDA — year on year

SEK thousands

Key figures

Annual report 2017

Revenue	177M SEK	+40%
EBITDA	3M SEK	+785%
Net profit	2.2M SEK	+818%
Total assets	40.1M SEK	+92%
Equity	3.2M SEK	+229%
Employees	9	—

Financial development

In its most recent annual report (2017), Paroc Panel System AB reported revenue of SEK 177.0m, an increase of 40% on the year before. The figures on this page draw on 2 annual filings covering 2016 to 2017. The bottom line showed a net profit of SEK 2.2m, and the EBITDA margin stood at 1.7%.

At the end of 2017, equity financed 8% of the balance sheet, and current assets covered short-term debt 1 times.

Financials

Revenue

SEK millions

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2017	2016
Revenue	177,041	126,433
Staff expenses	—	—
EBITDA	2,975	336
Depreciation & amort.	—	—
EBIT	2,975	336
Net financials	-24	-9
Profit before tax	2,951	448
Tax	-711	-204
Net profit	2,240	244

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Balance sheet

SEK thousands

Item	2017	2016
Total assets	40,066	20,839
Equity	3,216	977
Long-term debt	0	0
Short-term debt	36,850	19,863
Total debt	36,850	19,863

Financial ratios

5-year trend

EBITDA margin

1.7 %

20162017

Equity ratio

8.0 %

Very weak

Among the 20% lowest rated companies in the industry

20162017

Return on equity

69.7 %

Very strong

Among the 10% highest rated companies in the industry

20162017

Net profit margin

1.3 %

Average

Around the average of companies in the same industry

20162017

Asset turnover

4.42×

Very strong

Among the 20% highest rated companies in the industry

20162017

Debt / equity

11.46×

Very weak

Among the 10% lowest rated companies in the industry

20162017

Sector performance

25 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Operating marginAverage

Around the average of companies in the same industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Strong

Among the 40% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Strong

Among the 40% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery weak

Among the 20% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 30% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 40% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioVery weak

Among the 20% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery weak

Among the 20% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityVery weak

Among the 10% lowest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityVery weak

Among the 10% lowest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtAverage

Around the average of companies in the same industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 30% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginStrong

Among the 40% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Asset turnoverVery strong

Among the 20% highest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalAverage

Around the average of companies in the same industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 20% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2017
Filed via Bolagsverket / SCB · Period 2017-01-01 – 2017-12-31
Annual report 2016
Filed via Bolagsverket / SCB · Period 2016-01-01 – 2016-12-31

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (2)
NB Niclas Bengtsson Chief Auditor	Chief Auditor	2019
SS Sina Sabzi External Signatory	External Signatory	2019

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
CG Christopher Garett Crowe Board of Directors	Board of Directors	2019
DM David McMahon Chairman	Chairman	2019
MR Michael Rinsch Board of Directors	Board of Directors	2019

Shareholders

Active legal owners

No shareholder data available.

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Paroc Panel System AB also hold positions in 56 other companies.

Person	Role here	Other companies
Niclas Bengtsson	Chief Auditor	55 companiesMany roles
Sina Sabzi	External Signatory	1 company

Frequently asked questions

What is the Org number of Paroc Panel System AB?

Paroc Panel System AB is registered with Bolagsverket / SCB under Org 5565349999.

What is the revenue of Paroc Panel System AB?

Paroc Panel System AB reported revenue of SEK 177.0m in 2017.

How many employees does Paroc Panel System AB have?

Paroc Panel System AB employs 9 people as of the latest annual report.

Who is the chairman of Paroc Panel System AB?

David McMahon chairs the board of Paroc Panel System AB, in role since 2019.