Primo Promotion ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Primo Promotion ApS
Primo Promotion ApS (CVR number: 27929672) is a company from KALUNDBORG. The company recorded a gross profit of -0.5 kDKK in 2023. The operating profit was -0.5 kDKK, while net earnings were 0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Primo Promotion ApS's liquidity measured by quick ratio was 4 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 | 25.23 | 22.09 | 123.75 | 90.29 | -0.49 |
EBIT | 25.23 | 22.09 | 123.75 | 90.29 | -0.49 |
Net earnings | 21.70 | 19.27 | 96.40 | 73.03 | 0.20 |
Shareholders equity total | 157.74 | 173.91 | 267.21 | 336.74 | 272.44 |
Balance sheet total (assets) | 170.21 | 284.08 | 310.20 | 446.36 | 364.71 |
Net debt | -10.72 | -76.75 | -72.57 | -89.91 | -76.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.3 % | 11.1 % | 42.8 % | 26.6 % | 1.6 % |
ROE | 14.4 % | 11.6 % | 43.7 % | 24.2 % | 0.1 % |
ROI | 18.8 % | 15.2 % | 57.7 % | 33.3 % | 2.1 % |
Economic value added (EVA) | 12.48 | 9.67 | 89.50 | 56.44 | -12.75 |
Solvency | |||||
Equity ratio | 92.7 % | 61.2 % | 86.1 % | 75.4 % | 74.7 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.6 | 2.6 | 7.2 | 4.1 | 4.0 |
Current ratio | 13.6 | 2.6 | 7.2 | 4.1 | 4.0 |
Cash and cash equivalents | 10.72 | 76.75 | 72.57 | 89.91 | 76.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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