PRO-AIR A/S — Credit Rating and Financial Key Figures

CVR number: 29220891
Elskjærbakken 1, 7800 Skive

Credit rating

Company information

Official name
PRO-AIR A/S
Personnel
3 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About PRO-AIR A/S

PRO-AIR A/S (CVR number: 29220891) is a company from SKIVE. The company recorded a gross profit of 364.1 kDKK in 2023. The operating profit was -229.4 kDKK, while net earnings were -179.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 88.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PRO-AIR A/S's liquidity measured by quick ratio was 2.5 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 157.221 088.121 634.821 204.94364.10
EBIT44.6324.69626.47345.15- 229.39
Net earnings12.2413.27476.25259.07- 179.14
Shareholders equity total2 091.352 104.622 580.872 839.952 660.81
Balance sheet total (assets)2 693.932 564.793 084.063 326.893 018.77
Net debt- 615.94- 634.80- 625.92- 842.10- 610.90
Profitability
EBIT-%
ROA1.7 %1.1 %22.3 %10.8 %-7.0 %
ROE0.6 %0.6 %20.3 %9.6 %-6.5 %
ROI2.1 %1.3 %25.4 %12.2 %-7.7 %
Economic value added (EVA)-20.00-49.13420.63177.57- 272.37
Solvency
Equity ratio77.6 %82.1 %83.7 %85.4 %88.1 %
Gearing5.9 %6.1 %5.2 %5.0 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.33.33.42.5
Current ratio4.45.58.08.08.5
Cash and cash equivalents738.51763.50761.05983.99759.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-7.01%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.1%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

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