Product Release Europe ApS

CVR number: 39440652
Rustenborgvej 7 A, 2800 Kgs. Lyngby
info@product-release.com
tel: 40200716
www.product-release.com

Credit rating

Company information

Official name
Product Release Europe ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About Product Release Europe ApS

Product Release Europe ApS (CVR number: 39440652) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 271.9 kDKK in 2023. The operating profit was 23.1 kDKK, while net earnings were -115.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Product Release Europe ApS's liquidity measured by quick ratio was 7.9 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
20192020202120222023
Volume
Net sales
Gross profit1 373.731 210.12505.95807.82271.86
EBIT371.61473.35211.90558.4823.08
Net earnings-45.3715.9557.87297.10- 115.92
Shareholders equity total- 257.18- 241.23- 183.36113.74-2.18
Balance sheet total (assets)8 763.339 090.538 722.428 903.358 834.01
Net debt8 477.818 219.008 350.578 246.468 406.96
Profitability
EBIT-%
ROA4.2 %5.2 %2.3 %6.3 %0.3 %
ROE-0.5 %0.2 %0.6 %6.7 %-2.6 %
ROI4.3 %5.3 %2.4 %6.4 %0.3 %
Economic value added (EVA)697.70748.02596.83849.05427.33
Solvency
Equity ratio-2.9 %-2.6 %-2.1 %1.3 %-0.0 %
Gearing-3430.8 %-3724.7 %-4807.0 %7613.5 %-399707.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.94.312.18.07.9
Current ratio5.94.312.18.07.9
Cash and cash equivalents345.64766.16463.41413.02306.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.27%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-0.02%
Rating: 1/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

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