PRIME OFFICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PRIME OFFICE A/S
PRIME OFFICE A/S (CVR number: 30558642K) is a company from AARHUS. The company reported a net sales of 201.8 mDKK in 2024, demonstrating a growth of 2.2 % compared to the previous year. The operating profit percentage was at 56.3 % (EBIT: 113.5 mDKK), while net earnings were 90.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. PRIME OFFICE A/S's liquidity measured by quick ratio was 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 179.23 | 182.66 | 188.67 | 197.45 | 201.76 |
Gross profit | 131.10 | 133.07 | 130.95 | 139.60 | 136.03 |
EBIT | 112.67 | 116.12 | 114.00 | 120.74 | 113.52 |
Net earnings | 235.94 | 251.68 | 155.68 | 92.67 | 90.32 |
Shareholders equity total | 1 395.39 | 1 646.13 | 1 959.28 | 1 983.79 | 2 013.20 |
Balance sheet total (assets) | 3 242.89 | 3 468.97 | 3 794.77 | 3 939.65 | 4 363.99 |
Net debt | 1 400.71 | 1 361.70 | 1 331.02 | 1 266.53 | 1 735.86 |
Profitability | |||||
EBIT-% | 62.9 % | 63.6 % | 60.4 % | 61.1 % | 56.3 % |
ROA | 3.6 % | 3.5 % | 3.1 % | 3.2 % | 2.8 % |
ROE | 30.8 % | 27.7 % | 14.2 % | 7.6 % | 7.3 % |
ROI | 4.0 % | 3.8 % | 3.4 % | 3.5 % | 3.1 % |
Economic value added (EVA) | 31.79 | -39.48 | -52.17 | -76.51 | -82.39 |
Solvency | |||||
Equity ratio | 43.0 % | 47.5 % | 51.6 % | 50.4 % | 46.1 % |
Gearing | 106.3 % | 90.4 % | 75.6 % | 78.6 % | 95.1 % |
Relative net indebtedness % | 984.5 % | 928.9 % | 892.8 % | 842.0 % | 1076.6 % |
Liquidity | |||||
Quick ratio | 0.7 | 1.5 | 2.7 | 4.1 | 2.0 |
Current ratio | 0.7 | 1.5 | 2.7 | 4.1 | 2.0 |
Cash and cash equivalents | 82.92 | 126.21 | 150.92 | 293.32 | 178.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 20.3 | 17.5 | 34.9 | 36.7 | 39.2 |
Net working capital % | -20.0 % | 24.7 % | 66.2 % | 130.0 % | 56.5 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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