PRECO CONTRACTORS A/S — Credit Rating and Financial Key Figures
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 -10.9 kDKK in 2024. The operating profit was -10.9 kDKK, while net earnings were 125.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent and Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PRECO CONTRACTORS A/S's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.94 | -7.27 | -10.77 | -10.75 | -10.95 |
EBIT | -0.94 | -7.27 | -10.77 | -10.75 | -10.95 |
Net earnings | 1 296.76 | - 209.89 | - 309.14 | 322.07 | 125.33 |
Shareholders equity total | 892.62 | 682.73 | 373.59 | 695.67 | 821.00 |
Balance sheet total (assets) | 3 551.42 | 2 940.70 | 2 551.96 | 2 876.41 | 1 683.38 |
Net debt | -1 189.62 | - 620.26 | - 218.72 | - 636.41 | - 806.09 |
Profitability | |||||
EBIT-% | |||||
ROA | 57.9 % | 10.6 % | 8.1 % | 28.0 % | 17.6 % |
ROE | 93.8 % | -26.6 % | -58.5 % | 60.2 % | 16.5 % |
ROI | 61.0 % | 11.1 % | 8.1 % | 28.0 % | 17.6 % |
Economic value added (EVA) | -94.75 | - 169.21 | - 156.05 | - 136.51 | - 152.93 |
Solvency | |||||
Equity ratio | 25.1 % | 23.2 % | 14.6 % | 24.2 % | 48.8 % |
Gearing | 264.6 % | 330.4 % | 582.4 % | 313.1 % | 103.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.3 | 1.2 | 1.3 | 2.0 |
Current ratio | 1.3 | 1.3 | 1.2 | 1.3 | 2.0 |
Cash and cash equivalents | 3 551.42 | 2 875.73 | 2 394.59 | 2 814.66 | 1 656.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
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