Credit rating
Company information
About Promotional Sale A/S
Promotional Sale A/S (CVR number: 19641384) is a company from VIBORG. The company recorded a gross profit of -72.2 kDKK in 2023. The operating profit was -72.2 kDKK, while net earnings were 141.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.4 %, which can be considered poor but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Promotional Sale A/S's liquidity measured by quick ratio was 39.9 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 | 735.69 | - 160.45 | - 184.25 | - 126.06 | -72.17 |
EBIT | 124.64 | - 323.62 | - 193.26 | - 126.06 | -72.17 |
Net earnings | 90.30 | - 936.29 | 110.02 | 225.50 | 141.79 |
Shareholders equity total | 2 620.92 | 1 684.63 | 1 794.65 | 2 020.15 | 2 161.94 |
Balance sheet total (assets) | 3 853.32 | 2 183.69 | 2 262.08 | 2 145.49 | 2 217.58 |
Net debt | 146.55 | - 359.66 | - 106.23 | -28.81 | - 659.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.4 % | -8.7 % | -7.3 % | -4.3 % | -1.4 % |
ROE | 3.5 % | -43.5 % | 6.3 % | 11.8 % | 6.8 % |
ROI | 5.0 % | -10.0 % | -9.3 % | -5.0 % | -1.5 % |
Economic value added (EVA) | 12.76 | - 320.71 | - 203.79 | - 174.34 | - 151.30 |
Solvency | |||||
Equity ratio | 68.0 % | 77.1 % | 79.3 % | 94.2 % | 97.5 % |
Gearing | 36.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.7 | 4.4 | 4.8 | 17.1 | 39.9 |
Current ratio | 3.1 | 4.4 | 4.8 | 17.1 | 39.9 |
Cash and cash equivalents | 811.13 | 359.66 | 106.23 | 28.81 | 659.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | C | C | C | C |
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