PRIMO AIR ApS — Credit Rating and Financial Key Figures

CVR number: 33751133
Rindumgaards Allé 3, Rindum 6950 Ringkøbing
info@primotours.dk
tel: 88184618

Credit rating

Company information

Official name
PRIMO AIR ApS
Personnel
3 persons
Established
2011
Domicile
Rindum
Company form
Private limited company
Industry
  • Expand more icon51Air transport

About PRIMO AIR ApS

PRIMO AIR ApS (CVR number: 33751133) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 19.7 mDKK in 2023. The operating profit was 18.2 mDKK, while net earnings were 10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 44.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.2 %, 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. PRIMO AIR ApS's liquidity measured by quick ratio was 1.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 033.86-2 108.334 505.1110 112.6819 732.09
EBIT589.26-3 076.552 570.118 645.3718 177.46
Net earnings399.82-2 465.97-2 090.4415 515.4610 699.15
Shareholders equity total3 008.40542.434 382.0919 550.6228 748.35
Balance sheet total (assets)23 311.3443 494.7283 278.1088 781.1463 599.33
Net debt6 927.5538 168.4736 586.0742 853.1421 198.71
Profitability
EBIT-%
ROA2.4 %-9.2 %-1.3 %20.6 %20.1 %
ROE6.3 %-138.9 %-84.9 %129.7 %44.3 %
ROI3.8 %-12.6 %-1.5 %23.5 %23.7 %
Economic value added (EVA)-32.41-2 548.732 478.006 859.6014 228.41
Solvency
Equity ratio12.9 %1.2 %5.3 %22.0 %45.2 %
Gearing231.7 %7044.8 %1527.1 %307.9 %73.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.31.11.01.9
Current ratio1.10.31.11.01.9
Cash and cash equivalents42.4544.8530 335.0117 349.1846.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAA

Variable visualization

ROA:20.1%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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