PRIME OFFICE A/S — Credit Rating and Financial Key Figures

CVR number: 30558642
Sønder Allé 6, 8000 Aarhus C
info@primeoffice.dk

Credit rating

Company information

Official name
PRIME OFFICE A/S
Personnel
3 persons
Established
2007
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales179.23182.66188.67197.45201.76
Gross profit131.10133.07130.95139.60136.03
EBIT112.67116.12114.00120.74113.52
Net earnings235.94251.68155.6892.6790.32
Shareholders equity total1 395.391 646.131 959.281 983.792 013.20
Balance sheet total (assets)3 242.893 468.973 794.773 939.654 363.99
Net debt1 400.711 361.701 331.021 266.531 735.86
Profitability
EBIT-%62.9 %63.6 %60.4 %61.1 %56.3 %
ROA3.6 %3.5 %3.1 %3.2 %2.8 %
ROE30.8 %27.7 %14.2 %7.6 %7.3 %
ROI4.0 %3.8 %3.4 %3.5 %3.1 %
Economic value added (EVA)31.79-39.48-52.17-76.51-82.39
Solvency
Equity ratio43.0 %47.5 %51.6 %50.4 %46.1 %
Gearing106.3 %90.4 %75.6 %78.6 %95.1 %
Relative net indebtedness %984.5 %928.9 %892.8 %842.0 %1076.6 %
Liquidity
Quick ratio0.71.52.74.12.0
Current ratio0.71.52.74.12.0
Cash and cash equivalents82.92126.21150.92293.32178.70
Capital use efficiency
Trade debtors turnover (days)20.317.534.936.739.2
Net working capital %-20.0 %24.7 %66.2 %130.0 %56.5 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:2.81%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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