PROTAG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PROTAG ApS
PROTAG ApS (CVR number: 29777640) is a company from KØBENHAVN. The company recorded a gross profit of 2198.3 kDKK in 2024. The operating profit was -31.4 kDKK, while net earnings were -56.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -7.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.9 %, 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. PROTAG ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 574.91 | 1 969.23 | 2 670.10 | 2 298.19 | 2 198.32 |
EBIT | 52.15 | 93.48 | 286.23 | 767.31 | -31.41 |
Net earnings | 19.50 | 64.47 | 189.33 | 573.47 | -56.07 |
Shareholders equity total | 80.42 | 144.90 | 334.23 | 907.69 | 607.62 |
Balance sheet total (assets) | 886.01 | 1 422.37 | 1 802.60 | 1 641.46 | 1 601.65 |
Net debt | - 114.26 | - 499.22 | - 630.00 | - 956.66 | - 435.43 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 8.1 % | 17.8 % | 44.6 % | -1.8 % |
ROE | 27.6 % | 57.2 % | 79.0 % | 92.4 % | -7.4 % |
ROI | 28.1 % | 81.3 % | 112.9 % | 120.9 % | -3.5 % |
Economic value added (EVA) | 18.49 | 67.51 | 205.66 | 574.43 | -77.28 |
Solvency | |||||
Equity ratio | 9.1 % | 10.2 % | 18.5 % | 55.3 % | 37.9 % |
Gearing | 0.1 % | 3.1 % | 7.0 % | 0.6 % | 31.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.2 | 2.2 | 1.6 |
Current ratio | 1.1 | 1.1 | 1.2 | 2.2 | 1.6 |
Cash and cash equivalents | 114.36 | 503.68 | 653.45 | 961.88 | 626.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
Variable visualization
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