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PRIME OCEAN EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 36462280
Røgerivej 2, 9990 Skagen
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Credit rating

Company information

Official name
PRIME OCEAN EJENDOMME ApS
Established
2014
Company form
Private limited company
Industry

About PRIME OCEAN EJENDOMME ApS

PRIME OCEAN EJENDOMME ApS (CVR number: 36462280) is a company from FREDERIKSHAVN. The company recorded a gross profit of 1778.8 kDKK in 2024. The operating profit was 1030.2 kDKK, while net earnings were 311 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 25.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PRIME OCEAN EJENDOMME ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 904.541 992.942 125.802 095.201 778.84
EBIT1 147.071 235.471 368.891 341.001 030.18
Net earnings552.11644.40601.77437.78311.01
Shareholders equity total2 657.783 302.183 903.954 341.734 652.74
Balance sheet total (assets)21 492.4020 626.8920 053.9719 136.4918 405.76
Net debt17 974.0016 370.9514 472.9113 718.4912 666.11
Profitability
EBIT-%
ROA5.2 %5.9 %6.7 %6.8 %5.5 %
ROE23.2 %21.6 %16.7 %10.6 %6.9 %
ROI5.3 %6.0 %6.9 %7.1 %5.6 %
Economic value added (EVA)60.31- 105.5754.3276.72- 139.60
Solvency
Equity ratio12.4 %16.0 %19.5 %22.7 %25.3 %
Gearing680.7 %495.8 %374.6 %316.0 %272.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.10.10.1
Current ratio0.10.00.10.10.1
Cash and cash equivalents116.80150.8815.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.49%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.3%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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