K/S PRØVESTENSCENTRET — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S PRØVESTENSCENTRET
K/S PRØVESTENSCENTRET (CVR number: 34206007) is a company from ODENSE. The company reported a net sales of 4.3 mDKK in 2022, demonstrating a growth of 2.4 % compared to the previous year. The operating profit percentage was at 104.8 % (EBIT: 4.5 mDKK), while net earnings were 3207.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. K/S PRØVESTENSCENTRET's liquidity measured by quick ratio was 27.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 560.58 | 3 915.29 | 4 108.84 | 4 169.55 | 4 268.03 |
Gross profit | 3 564.79 | 4 058.32 | 4 196.34 | 4 270.04 | 4 474.31 |
EBIT | 3 564.79 | 4 058.32 | 4 196.34 | 4 270.04 | 4 474.31 |
Net earnings | 2 424.70 | 2 938.38 | 3 094.14 | 3 193.20 | 3 207.31 |
Shareholders equity total | 95 251.66 | 97 690.03 | 100 784.18 | 103 477.38 | 106 184.69 |
Balance sheet total (assets) | 158 487.34 | 158 101.51 | 159 390.21 | 158 878.98 | 158 975.08 |
Net debt | 48 961.79 | 46 789.75 | 42 849.89 | 40 813.43 | 38 201.20 |
Profitability | |||||
EBIT-% | 100.1 % | 103.7 % | 102.1 % | 102.4 % | 104.8 % |
ROA | 2.2 % | 2.6 % | 2.6 % | 2.7 % | 2.8 % |
ROE | 2.6 % | 3.0 % | 3.1 % | 3.1 % | 3.1 % |
ROI | 2.3 % | 2.6 % | 2.7 % | 2.8 % | 3.1 % |
Economic value added (EVA) | -3 525.74 | -3 052.25 | -2 926.97 | -2 792.42 | -2 638.35 |
Solvency | |||||
Equity ratio | 60.1 % | 61.8 % | 63.2 % | 65.1 % | 66.8 % |
Gearing | 52.8 % | 48.9 % | 44.8 % | 41.1 % | 37.7 % |
Relative net indebtedness % | 1737.9 % | 1518.8 % | 1370.4 % | 1287.0 % | 1193.8 % |
Liquidity | |||||
Quick ratio | 22.1 | 23.6 | 17.8 | 22.6 | 27.4 |
Current ratio | 22.1 | 23.6 | 17.8 | 22.6 | 27.4 |
Cash and cash equivalents | 1 356.22 | 946.57 | 2 299.03 | 1 740.52 | 1 837.63 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 2090.0 % | 1898.5 % | 1812.6 % | 1796.8 % | 1771.9 % |
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | AAA |
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