PRIMERO ApS — Credit Rating and Financial Key Figures

CVR number: 10062756
Korskildeeng 5, 2670 Greve
lars@primero.dk
tel: 43450661
www.primero.dk

Company information

Official name
PRIMERO ApS
Personnel
6 persons
Established
2001
Company form
Private limited company
Industry

About PRIMERO ApS

PRIMERO ApS (CVR number: 10062756) is a company from GREVE. The company recorded a gross profit of 6432.8 kDKK in 2023. The operating profit was 2601.6 kDKK, while net earnings were 2015.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 59.6 %, which can be considered excellent and Return on Equity (ROE) was 77.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PRIMERO ApS's liquidity measured by quick ratio was 2.9 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 profit3 244.743 835.983 868.315 388.076 432.78
EBIT61.68176.43450.391 770.802 601.57
Net earnings34.89125.36335.311 356.742 015.16
Shareholders equity total927.82831.981 054.292 048.043 163.20
Balance sheet total (assets)1 839.432 312.982 261.774 236.274 522.35
Net debt- 466.70- 783.69- 773.23-2 688.58-2 417.84
Profitability
EBIT-%
ROA2.9 %8.6 %19.8 %54.6 %59.6 %
ROE3.4 %14.2 %35.6 %87.5 %77.3 %
ROI6.0 %19.7 %47.0 %113.0 %99.6 %
Economic value added (EVA)40.53108.15343.781 357.102 054.32
Solvency
Equity ratio50.5 %36.6 %51.8 %54.7 %71.4 %
Gearing1.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.01.72.22.9
Current ratio1.31.01.41.72.7
Cash and cash equivalents466.70783.69773.232 714.712 417.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:59.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.4%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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