PRIMO AIR ApS — Credit Rating and Financial Key Figures

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

Official name
PRIMO AIR ApS
Personnel
2 persons
Established
2011
Domicile
Rindum
Company form
Private limited company
Industry

About PRIMO AIR ApS

PRIMO AIR ApS (CVR number: 33751133) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 19.1 mDKK in 2024. The operating profit was 17.6 mDKK, while net earnings were 13.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 38.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51 %, 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 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-2 108.002 868.0019 732.0919 086.07
EBIT-3 077.002 570.0018 177.4617 610.55
Net earnings-2 465.00-2 090.0010 699.1513 663.21
Shareholders equity total542.004 382.0028 748.3542 411.56
Balance sheet total (assets)43 495.0083 278.0063 483.5883 141.81
Net debt21 198.7130 001.66
Profitability
EBIT-%
ROA-9.2 %4.1 %24.2 %26.6 %
ROE-138.9 %-84.9 %37.2 %38.4 %
ROI-11.5 %4.1 %30.7 %31.8 %
Economic value added (EVA)-3 578.412 542.76- 220.2014 178.4211 224.06
Solvency
Equity ratio100.0 %100.0 %45.3 %51.0 %
Gearing73.9 %70.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.4
Current ratio1.91.4
Cash and cash equivalents46.4137.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBAA

Variable visualization

ROA:26.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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