Prags Boulevard 59 ApS — Credit Rating and Financial Key Figures

CVR number: 39627280
Pantheonsgade 10, 5000 Odense C

Company information

Official name
Prags Boulevard 59 ApS
Established
2018
Company form
Private limited company
Industry

About Prags Boulevard 59 ApS

Prags Boulevard 59 ApS (CVR number: 39627280) is a company from ODENSE. The company recorded a gross profit of 949.4 kDKK in 2024. The operating profit was 1050.4 kDKK, while net earnings were 580.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.3 %, 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. Prags Boulevard 59 ApS's liquidity measured by quick ratio was 1.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 121.4810 302.08752.84780.17949.38
EBIT1 521.4819 602.08740.05742.171 050.39
Net earnings852.137 941.15502.81477.29580.43
Shareholders equity total5 975.9313 917.0714 419.8914 897.1812 477.61
Balance sheet total (assets)11 381.3920 697.7920 248.6023 984.4421 392.86
Net debt3 555.142 827.322 384.321 813.684 596.50
Profitability
EBIT-%
ROA13.6 %122.2 %3.6 %3.5 %4.7 %
ROE15.4 %79.8 %3.5 %3.3 %4.2 %
ROI14.3 %127.3 %3.7 %3.6 %4.9 %
Economic value added (EVA)657.5614 749.36- 429.72- 409.15- 352.90
Solvency
Equity ratio52.5 %67.2 %71.2 %62.1 %58.3 %
Gearing70.6 %25.2 %18.1 %38.8 %43.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.20.14.71.1
Current ratio0.80.20.14.71.1
Cash and cash equivalents665.08673.62220.593 962.84877.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:4.74%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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