Provinsfonden Ejendomskreditselskab A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Provinsfonden Ejendomskreditselskab A/S
Provinsfonden Ejendomskreditselskab A/S (CVR number: 40949585) is a company from SVENDBORG. The company recorded a gross profit of -1171.5 kDKK in 2024. The operating profit was -1978.2 kDKK, while net earnings were -4172.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was -81.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.2 %, 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. Provinsfonden Ejendomskreditselskab A/S's liquidity measured by quick ratio was 1.4 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 668.25 | - 450.31 | -1 210.63 | -1 319.13 | -1 171.51 |
EBIT | -2 628.90 | -8 435.16 | -2 338.05 | -3 602.69 | -1 978.22 |
Net earnings | 2 926.76 | -13 280.37 | -4 544.13 | -6 041.66 | -4 172.64 |
Shareholders equity total | 13 678.01 | 2 553.93 | 8 009.80 | 6 218.14 | 4 045.50 |
Balance sheet total (assets) | 40 576.22 | 24 174.31 | 17 396.60 | 15 725.24 | 12 545.20 |
Net debt | 19 924.01 | 19 773.60 | 8 169.96 | 8 084.20 | 7 292.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.5 % | -16.1 % | -6.1 % | -13.4 % | 10.8 % |
ROE | 35.3 % | -163.6 % | -86.0 % | -84.9 % | -81.3 % |
ROI | 29.2 % | -24.8 % | -6.4 % | -31.3 % | -24.8 % |
Economic value added (EVA) | -2 059.56 | -8 026.72 | -2 428.87 | -3 786.97 | -2 514.70 |
Solvency | |||||
Equity ratio | 33.7 % | 10.6 % | 46.0 % | 39.5 % | 32.2 % |
Gearing | 152.5 % | 803.5 % | 105.3 % | 135.4 % | 185.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.0 | 1.7 | 1.6 | 1.4 |
Current ratio | 1.5 | 1.0 | 1.7 | 1.6 | 1.4 |
Cash and cash equivalents | 938.65 | 746.43 | 263.87 | 333.68 | 220.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | B | BB | BB | BB |
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