PRIMOREELS A/S — Credit Rating and Financial Key Figures

CVR number: 31933692
Skimmedevej 10, Ågerup 4390 Vipperød
hrs@primoreels.com
tel: 59442230

Credit rating

Company information

Official name
PRIMOREELS A/S
Personnel
10 persons
Established
2008
Domicile
Ågerup
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About PRIMOREELS A/S

PRIMOREELS A/S (CVR number: 31933692) is a company from HOLBÆK. The company recorded a gross profit of 8254.5 kDKK in 2023. The operating profit was 768.6 kDKK, while net earnings were 3724.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.5 %, 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. PRIMOREELS A/S's liquidity measured by quick ratio was 2.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 600.7820 853.1210 700.3211 780.238 254.47
EBIT- 456.872 469.613 097.614 138.79768.63
Net earnings- 722.431 796.792 278.102 972.783 724.17
Shareholders equity total12 089.5113 886.3016 164.4017 137.1919 861.36
Balance sheet total (assets)30 541.6624 351.8430 407.3734 547.2429 854.90
Net debt3 799.282 267.971 747.531 922.95622.82
Profitability
EBIT-%
ROA-1.5 %9.0 %11.3 %12.7 %14.7 %
ROE-5.8 %13.8 %15.2 %17.9 %20.1 %
ROI-2.0 %12.2 %13.9 %16.0 %18.2 %
Economic value added (EVA)- 803.441 455.911 796.382 550.03- 196.61
Solvency
Equity ratio45.4 %57.0 %53.2 %49.6 %66.5 %
Gearing32.5 %18.5 %10.9 %17.5 %4.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.21.31.22.6
Current ratio1.31.82.01.83.4
Cash and cash equivalents126.41303.627.981 076.13288.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.5%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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