Proshop a/s — Credit Rating and Financial Key Figures

Proshop a/s (CVR number: 18966239) is a company from AARHUS. The company reported a net sales of 2958.9 mDKK in 2023, demonstrating a growth of 10.1 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 34.4 mDKK), while net earnings were 37 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 28.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.8 %, 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. Proshop a/s'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.