Credit rating
Company information
About PRECO CONTRACTORS A/S
PRECO CONTRACTORS A/S (CVR number: 55102813) is a company from KOLDING. The company recorded a gross profit of -10.7 kDKK in 2023. The operating profit was -10.7 kDKK, while net earnings were 322.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28 %, which can be considered excellent and Return on Equity (ROE) was 60.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.2 %, 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. PRECO CONTRACTORS A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.89 | -0.94 | -7.27 | -10.77 | -10.75 |
EBIT | -4.89 | -0.94 | -7.27 | -10.77 | -10.75 |
Net earnings | 545.95 | 1 296.76 | - 209.89 | - 309.14 | 322.07 |
Shareholders equity total | - 404.14 | 892.62 | 682.73 | 373.59 | 695.67 |
Balance sheet total (assets) | 1 872.81 | 3 551.42 | 2 940.70 | 2 551.96 | 2 876.41 |
Net debt | 407.23 | -1 189.62 | - 620.26 | - 218.72 | - 636.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 22.9 % | 57.9 % | 10.6 % | 8.1 % | 28.0 % |
ROE | 32.1 % | 93.8 % | -26.6 % | -58.5 % | 60.2 % |
ROI | 23.0 % | 61.0 % | 11.1 % | 8.1 % | 28.0 % |
Economic value added (EVA) | 119.41 | 113.37 | 127.93 | 101.79 | 93.16 |
Solvency | |||||
Equity ratio | -17.7 % | 25.1 % | 23.2 % | 14.6 % | 24.2 % |
Gearing | -562.8 % | 264.6 % | 330.4 % | 582.4 % | 313.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.3 | 1.3 | 1.2 | 1.3 |
Current ratio | 0.8 | 1.3 | 1.3 | 1.2 | 1.3 |
Cash and cash equivalents | 1 867.22 | 3 551.42 | 2 875.73 | 2 394.59 | 2 814.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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