Procurement Executives ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Procurement Executives ApS
Procurement Executives ApS (CVR number: 40145567) is a company from SØNDERBORG. The company recorded a gross profit of 384.9 kDKK in 2023. The operating profit was -198.6 kDKK, while net earnings were -162.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.2 %, which can be considered poor and Return on Equity (ROE) was -64.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Procurement Executives ApS's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 109.00 | 110.00 | 1 045.00 | 1 067.00 | 384.88 |
EBIT | - 109.00 | 81.00 | 222.00 | 180.00 | - 198.63 |
Net earnings | - 109.00 | 79.00 | 176.00 | 137.00 | - 162.14 |
Shareholders equity total | -59.00 | 20.00 | 196.00 | 334.00 | 171.69 |
Balance sheet total (assets) | 26.00 | 334.00 | 557.00 | 729.00 | 309.82 |
Net debt | -19.00 | 76.00 | - 423.00 | - 704.00 | - 188.21 |
Profitability | |||||
EBIT-% | |||||
ROA | -128.2 % | 38.7 % | 49.8 % | 28.0 % | -38.2 % |
ROE | -419.2 % | 343.5 % | 163.0 % | 51.7 % | -64.1 % |
ROI | 168.8 % | 152.1 % | 67.9 % | -78.6 % | |
Economic value added (EVA) | - 109.00 | 84.92 | 177.41 | 149.95 | - 142.31 |
Solvency | |||||
Equity ratio | -69.4 % | 6.0 % | 35.2 % | 45.8 % | 55.4 % |
Gearing | 380.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 1.1 | 1.5 | 1.8 | 2.2 |
Current ratio | 0.2 | 1.1 | 1.5 | 1.8 | 2.2 |
Cash and cash equivalents | 19.00 | 423.00 | 704.00 | 188.21 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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