PRIME SOLUTIONS A/S — Credit Rating and Financial Key Figures

CVR number: 21826537
Bøllingsøgårdvej 17, 8600 Silkeborg
svend@hegelund.dk
tel: 26162202

Company information

Official name
PRIME SOLUTIONS A/S
Personnel
1 person
Established
1999
Company form
Limited company
Industry

About PRIME SOLUTIONS A/S

PRIME SOLUTIONS A/S (CVR number: 21826537) is a company from SILKEBORG. The company recorded a gross profit of -22.6 kDKK in 2023. The operating profit was -22.6 kDKK, while net earnings were -57.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -194.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. PRIME SOLUTIONS A/S's liquidity measured by quick ratio was 3 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 profit1 052.30312.6621.45-20.93-22.60
EBIT198.16- 199.6055.39-21.15-22.60
Net earnings148.60- 158.2542.04-38.07-57.60
Shareholders equity total212.6754.4296.4558.380.78
Balance sheet total (assets)479.86280.51261.11161.06110.96
Net debt- 159.83-72.39-13.04-15.68-0.58
Profitability
EBIT-%
ROA52.8 %-52.5 %20.5 %-10.0 %-16.6 %
ROE107.4 %-118.5 %55.7 %-49.2 %-194.7 %
ROI82.7 %-76.6 %24.5 %-10.5 %-18.5 %
Economic value added (EVA)150.01- 153.8951.12-11.31-13.53
Solvency
Equity ratio44.3 %19.4 %36.9 %36.2 %0.7 %
Gearing52.1 %263.4 %162.9 %158.7 %11851.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.92.69.84.53.0
Current ratio2.92.69.84.53.0
Cash and cash equivalents270.53215.71170.20108.3693.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-16.6%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:0.70%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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