Preston Assets ApS — Credit Rating and Financial Key Figures

CVR number: 39401932
Gravhøjs Allé 3, Ølsted 8380 Trige
mail@prestonrentals.dk
tel: 31640550
prestonrentals.dk
Free credit report Annual report

Credit rating

Company information

Official name
Preston Assets ApS
Established
2018
Domicile
Ølsted
Company form
Private limited company
Industry

About Preston Assets ApS

Preston Assets ApS (CVR number: 39401932) is a company from AARHUS. The company recorded a gross profit of 727.2 kDKK in 2024. The operating profit was 322.3 kDKK, while net earnings were 151.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 43.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Preston Assets ApS's liquidity measured by quick ratio was 29.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit174.70176.22288.97271.22727.22
EBIT73.0261.68104.61-36.93322.26
Net earnings87.3720.2013.08- 212.76151.17
Shareholders equity total454.15474.34487.42274.66425.83
Balance sheet total (assets)1 683.312 043.492 518.453 298.964 862.03
Net debt-42.4184.611 134.801 920.533 741.82
Profitability
EBIT-%
ROA7.9 %5.1 %4.6 %-1.3 %7.9 %
ROE21.3 %4.4 %2.7 %-55.8 %43.2 %
ROI11.5 %5.5 %5.6 %-1.6 %8.7 %
Economic value added (EVA)38.4224.1739.41- 124.39120.21
Solvency
Equity ratio27.0 %23.2 %19.4 %8.3 %8.8 %
Gearing46.2 %274.9 %796.3 %977.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.821.185.929.1
Current ratio2.21.821.185.929.1
Cash and cash equivalents42.41134.30205.26266.47422.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.90%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.76%
Rating: 9/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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