PRIMUSMOTOR ApS — Credit Rating and Financial Key Figures

CVR number: 30901592
Rugaardsvej 5, 8680 Ry
mss@primus-motor.com
tel: 82307000

Company information

Official name
PRIMUSMOTOR ApS
Personnel
2 persons
Established
2007
Company form
Private limited company
Industry

About PRIMUSMOTOR ApS

PRIMUSMOTOR ApS (CVR number: 30901592) is a company from SKANDERBORG. The company recorded a gross profit of 1543.8 kDKK in 2023. The operating profit was 744.5 kDKK, while net earnings were 646.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 19.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PRIMUSMOTOR ApS's liquidity measured by quick ratio was 13.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 881.831 837.581 896.881 142.591 543.78
EBIT471.46495.331 030.38298.87744.54
Net earnings380.05441.29840.75257.17646.48
Shareholders equity total2 090.181 931.472 372.222 629.393 924.97
Balance sheet total (assets)2 947.392 862.063 861.863 812.474 445.76
Net debt-1 537.97-1 329.11- 690.34- 931.91-2 157.66
Profitability
EBIT-%
ROA17.3 %20.1 %35.0 %10.9 %20.7 %
ROE17.3 %21.9 %39.1 %10.3 %19.7 %
ROI23.5 %26.4 %43.9 %13.3 %24.0 %
Economic value added (EVA)313.05353.43779.77175.97519.62
Solvency
Equity ratio70.9 %67.5 %61.4 %69.0 %88.3 %
Gearing0.1 %14.6 %29.2 %20.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.13.73.03.413.5
Current ratio4.13.73.03.413.5
Cash and cash equivalents1 539.961 611.501 383.641 464.472 157.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:20.7%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.3%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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