PRIMETIME KOMMUNIKATION FORPAGTNINGSSELSKAB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PRIMETIME KOMMUNIKATION FORPAGTNINGSSELSKAB A/S
PRIMETIME KOMMUNIKATION FORPAGTNINGSSELSKAB A/S (CVR number: 25673964) is a company from KØBENHAVN. The company recorded a gross profit of 552.2 kDKK in 2023. The operating profit was -53.6 kDKK, while net earnings were -91 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PRIMETIME KOMMUNIKATION FORPAGTNINGSSELSKAB A/S's liquidity measured by quick ratio was 4.8 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 | 7 347.52 | 4 712.19 | 1 600.62 | 5 430.71 | 552.16 |
EBIT | 948.96 | 3 596.01 | 464.10 | 2 415.28 | -53.59 |
Net earnings | 631.14 | 2 763.77 | 271.65 | 1 861.46 | -91.05 |
Shareholders equity total | 1 875.46 | 4 039.23 | 1 810.87 | 3 672.33 | 581.28 |
Balance sheet total (assets) | 4 434.54 | 6 077.17 | 4 210.76 | 4 907.66 | 721.08 |
Net debt | - 167.89 | 85.97 | - 506.19 | - 693.81 | - 432.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.8 % | 68.4 % | 9.0 % | 53.0 % | -1.9 % |
ROE | 27.3 % | 93.5 % | 9.3 % | 67.9 % | -4.3 % |
ROI | 26.5 % | 101.3 % | 12.7 % | 75.2 % | -2.5 % |
Economic value added (EVA) | 494.16 | 2 676.47 | 125.30 | 1 746.35 | - 230.77 |
Solvency | |||||
Equity ratio | 42.3 % | 66.5 % | 43.0 % | 74.8 % | 80.6 % |
Gearing | 21.2 % | 7.0 % | 35.9 % | 0.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 1.7 | 0.8 | 3.9 | 4.8 |
Current ratio | 0.4 | 1.7 | 0.8 | 3.9 | 4.8 |
Cash and cash equivalents | 566.29 | 195.94 | 1 155.51 | 706.48 | 432.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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