Penneo A/S

Copenhagen Stock Exchange PENNEO.CO

Penneo A/S Debt to Equity Ratio for the year ending December 31, 2023: 0.25

Penneo A/S Debt to Equity Ratio is 0.25 for the year ending December 31, 2023, a -0.07% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Penneo A/S Debt to Equity Ratio for the year ending December 31, 2022 was 0.25, a -48.66% change year over year.
Penneo A/S Debt to Equity Ratio for the year ending December 31, 2021 was 0.50, a 38.22% change year over year.
Penneo A/S Debt to Equity Ratio for the year ending December 31, 2020 was 0.36, a -16.34% change year over year.
Penneo A/S Debt to Equity Ratio for the year ending December 31, 2019 was 0.43, a 103.41% change year over year.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Copenhagen Stock Exchange: PENNEO.CO

Penneo A/S

CEO	Mr. Christian Stendevad
IPO Date	June 2, 2020
Location	Denmark
Headquarters	Enghavevej 40
Employees	106
Sector	Technology
Industries Software-as-a-Service (SaaS) Software & Operating Systems

Description

Penneo A/S, a software-as-a-service company, provides an eco-system of automation solutions that digitizes companies' workflows of customers onboarding, and signing and managing documents. It offers software for the audit and accounting industry. The company's solutions include Penneo Sign for digital signing, workflow automation, and data collection; and Penneo KYC to automate the client onboarding process. The company serves customers in audit and accounting, finance and banking, real estate, legal, and general administration industries. It operates in Denmark, Sweden, Norway, Belgium, Finland, Germany, and internationally. The company was incorporated in 2014 and is headquartered in Copenhagen, Denmark.

Key trends

Past 5 years