PRECISION DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 31608198
Margretheholmsvej 62, 1432 København K
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tel: 29631398

Company information

Official name
PRECISION DENMARK ApS
Established
2008
Company form
Private limited company
Industry

About PRECISION DENMARK ApS

PRECISION DENMARK ApS (CVR number: 31608198) is a company from KØBENHAVN. The company recorded a gross profit of -20.9 kDKK in 2022. The operating profit was -20.9 kDKK, while net earnings were -22.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.3 %, which can be considered poor and Return on Equity (ROE) was -81.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PRECISION DENMARK ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales3.48259.80
Gross profit-39.394.033.28-20.54-20.90
EBIT-39.394.033.28-20.54-20.90
Net earnings-10.39-37.973.57-23.17-22.72
Shareholders equity total75.0037.0340.6117.43-5.29
Balance sheet total (assets)130.6994.5785.0460.4138.07
Net debt44.45-93.174.07-35.40-13.54
Profitability
EBIT-%-1132.2 %1.5 %
ROA-29.5 %3.6 %5.0 %-28.2 %-40.3 %
ROE-13.0 %-67.8 %9.2 %-79.8 %-81.9 %
ROI-30.4 %5.0 %8.6 %-37.5 %-62.4 %
Economic value added (EVA)-30.640.426.18-21.45-18.74
Solvency
Equity ratio57.4 %39.2 %47.7 %28.9 %-12.2 %
Gearing63.6 %3.8 %65.5 %143.5 %-463.8 %
Relative net indebtedness %1507.6 %-14.3 %
Liquidity
Quick ratio0.71.61.91.40.9
Current ratio2.31.61.91.40.9
Cash and cash equivalents3.2394.5722.5460.4138.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %2155.9 %14.3 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-40.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-12.2%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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