PRO ELTEKNIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PRO ELTEKNIK A/S
PRO ELTEKNIK A/S (CVR number: 25091159) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 29.4 mDKK in 2022. The operating profit was -1189.3 kDKK, while net earnings were -1094.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -16 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PRO ELTEKNIK A/S's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 12 061.91 | 10 492.68 | 10 436.67 | 27 096.92 | 29 378.22 |
EBIT | 3 675.08 | 1 585.71 | 1 463.38 | -1 329.21 | -1 189.25 |
Net earnings | 2 726.58 | 1 126.15 | 1 068.09 | -1 260.53 | -1 094.49 |
Shareholders equity total | 9 944.16 | 9 070.31 | 9 138.40 | 7 377.86 | 6 283.37 |
Balance sheet total (assets) | 24 546.62 | 22 777.08 | 22 400.56 | 23 093.22 | 25 167.93 |
Net debt | 3 473.13 | -19.10 | 1 781.27 | 3 946.17 | 6 876.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.0 % | 6.7 % | 6.5 % | -5.8 % | -4.7 % |
ROE | 31.8 % | 11.8 % | 11.7 % | -15.3 % | -16.0 % |
ROI | 26.1 % | 11.2 % | 10.2 % | -8.9 % | -7.2 % |
Economic value added (EVA) | 2 499.42 | 732.03 | 754.32 | -1 499.98 | -1 303.92 |
Solvency | |||||
Equity ratio | 41.1 % | 40.1 % | 40.8 % | 32.5 % | 25.7 % |
Gearing | 35.0 % | 15.9 % | 19.7 % | 53.5 % | 109.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.7 | 1.9 | 1.5 | 1.3 |
Current ratio | 1.6 | 2.0 | 2.2 | 1.8 | 1.5 |
Cash and cash equivalents | 8.78 | 1 460.17 | 15.62 | 1.08 | 9.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | BBB | BBB |
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