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PROAC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PROAC ApS
PROAC ApS (CVR number: 21595985) is a company from RUDERSDAL. The company recorded a gross profit of -7.2 kDKK in 2024. The operating profit was -7.2 kDKK, while net earnings were -73.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -29.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.3 %, 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. PROAC ApS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 281.29 | 460.97 | |||
| Gross profit | 264.32 | 439.29 | 577.08 | 165.39 | -7.20 |
| EBIT | 264.32 | 439.29 | 577.08 | 165.39 | -7.20 |
| Net earnings | 436.36 | 497.91 | 559.76 | - 102.78 | -73.46 |
| Shareholders equity total | - 670.24 | - 172.33 | 387.43 | 284.65 | 210.44 |
| Balance sheet total (assets) | 897.75 | 1 383.53 | 1 722.76 | 880.37 | 509.92 |
| Net debt | - 431.60 | -1 000.55 | -1 306.55 | - 599.10 | - 180.10 |
| Profitability | |||||
| EBIT-% | 94.0 % | 95.3 % | |||
| ROA | 27.7 % | 33.2 % | 43.7 % | 6.1 % | 0.5 % |
| ROE | 64.1 % | 43.7 % | 63.2 % | -30.6 % | -29.7 % |
| ROI | 179.0 % | 214.2 % | 160.6 % | 13.2 % | 0.7 % |
| Economic value added (EVA) | 309.14 | 446.00 | 447.99 | 144.83 | -34.79 |
| Solvency | |||||
| Equity ratio | -42.7 % | -11.1 % | 22.5 % | 32.3 % | 41.3 % |
| Gearing | -36.3 % | -139.7 % | 68.3 % | 93.0 % | 121.0 % |
| Relative net indebtedness % | 317.6 % | 68.2 % | |||
| Liquidity | |||||
| Quick ratio | 0.5 | 0.8 | 1.2 | 1.5 | 1.6 |
| Current ratio | 0.5 | 0.8 | 1.2 | 1.5 | 1.7 |
| Cash and cash equivalents | 674.75 | 1 241.35 | 1 571.13 | 863.68 | 434.68 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 119.5 | 17.3 | |||
| Net working capital % | -477.0 % | -261.3 % | |||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BB | BB |
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