Precision Global ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Precision Global ApS
Precision Global ApS (CVR number: 38717723) is a company from AALBORG. The company recorded a gross profit of 454.6 kDKK in 2024. The operating profit was -6201.7 kDKK, while net earnings were 11.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 26.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Precision Global ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 860.39 | 232.39 | 10 958.78 | 14 004.70 | 454.57 |
EBIT | -3 505.15 | -1 553.64 | 7 981.79 | 9 761.77 | -6 201.68 |
Net earnings | 1 772.85 | 4 127.38 | 26 665.81 | 19 626.91 | 11 881.63 |
Shareholders equity total | 12 357.27 | 16 517.07 | 39 003.77 | 43 308.70 | 45 802.35 |
Balance sheet total (assets) | 25 057.51 | 35 797.77 | 149 379.72 | 60 296.69 | 100 785.99 |
Net debt | 12 155.97 | 18 610.01 | 102 977.86 | 14 473.59 | 52 040.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.4 % | 13.4 % | 34.2 % | 24.0 % | 16.2 % |
ROE | 14.2 % | 28.6 % | 96.1 % | 47.7 % | 26.7 % |
ROI | 7.5 % | 13.5 % | 35.6 % | 24.9 % | 16.6 % |
Economic value added (EVA) | -4 336.33 | -2 453.43 | 4 232.29 | 623.40 | -7 805.23 |
Solvency | |||||
Equity ratio | 49.3 % | 46.1 % | 26.1 % | 72.3 % | 45.4 % |
Gearing | 98.9 % | 114.7 % | 264.5 % | 35.6 % | 113.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 1.0 | 1.4 | 0.6 |
Current ratio | 0.5 | 0.6 | 1.0 | 1.4 | 0.6 |
Cash and cash equivalents | 59.80 | 329.02 | 191.75 | 935.65 | 66.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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