PROAC ApS — Credit Rating and Financial Key Figures

CVR number: 21595985
Skodsborg Strandvej 154 B, 2942 Skodsborg
rieoerum@gmail.com
tel: 26188966

Credit rating

Company information

Official name
PROAC ApS
Established
1999
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About PROAC ApS

PROAC ApS (CVR number: 21595985) is a company from RUDERSDAL. The company recorded a gross profit of 165.4 kDKK in 2023. The operating profit was 165.4 kDKK, while net earnings were -102.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was -30.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PROAC ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales10.13281.29460.97
Gross profit-20.21264.32439.29577.08165.39
EBIT-20.21264.32439.29577.08165.39
Net earnings23.43436.36497.91559.76- 102.78
Shareholders equity total-1 106.59- 670.24- 172.33387.43284.65
Balance sheet total (assets)464.69897.751 383.531 722.76880.37
Net debt- 134.34- 431.60-1 000.55-1 306.55- 599.10
Profitability
EBIT-%-199.6 %94.0 %95.3 %
ROA6.3 %27.7 %33.2 %43.7 %6.1 %
ROE5.3 %64.1 %43.7 %63.2 %-30.6 %
ROI40.7 %179.0 %214.2 %160.6 %13.2 %
Economic value added (EVA)57.60344.26498.21528.51243.02
Solvency
Equity ratio-70.4 %-42.7 %-11.1 %22.5 %32.3 %
Gearing-22.0 %-36.3 %-139.7 %68.3 %93.0 %
Relative net indebtedness %11790.6 %317.6 %68.2 %
Liquidity
Quick ratio0.20.50.81.21.5
Current ratio0.20.50.81.21.5
Cash and cash equivalents377.48674.751 241.351 571.13863.68
Capital use efficiency
Trade debtors turnover (days)119.517.3
Net working capital %-15303.9 %-477.0 %-261.3 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.11%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.3%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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