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PRO-AIR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PRO-AIR A/S
PRO-AIR A/S (CVR number: 29220891) is a company from SKIVE. The company recorded a gross profit of 529.1 kDKK in 2024. The operating profit was -88.8 kDKK, while net earnings were -69 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.4 %, 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 3.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 088.12 | 1 634.82 | 1 204.94 | 364.10 | 529.12 |
| EBIT | 24.69 | 626.47 | 345.15 | - 229.39 | -88.82 |
| Net earnings | 13.27 | 476.25 | 259.07 | - 179.14 | -69.00 |
| Shareholders equity total | 2 104.62 | 2 580.87 | 2 839.95 | 2 660.81 | 2 591.81 |
| Balance sheet total (assets) | 2 564.79 | 3 084.06 | 3 326.89 | 3 019.34 | 2 865.95 |
| Net debt | - 634.80 | - 625.92 | - 842.10 | - 610.90 | - 525.94 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.1 % | 22.3 % | 10.8 % | -7.0 % | -2.7 % |
| ROE | 0.6 % | 20.3 % | 9.6 % | -6.5 % | -2.6 % |
| ROI | 1.3 % | 25.4 % | 12.2 % | -7.7 % | -2.9 % |
| Economic value added (EVA) | -92.40 | 375.80 | 132.29 | - 329.15 | - 211.01 |
| Solvency | |||||
| Equity ratio | 82.1 % | 83.7 % | 85.4 % | 88.1 % | 90.4 % |
| Gearing | 6.1 % | 5.2 % | 5.0 % | 5.6 % | 6.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.3 | 3.3 | 3.4 | 2.5 | 3.1 |
| Current ratio | 5.5 | 8.0 | 8.0 | 8.5 | 10.5 |
| Cash and cash equivalents | 763.50 | 761.05 | 983.99 | 760.45 | 682.77 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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