PRODUKTIONSSELSKABET AF 18. AUGUST 1989 ApS β Credit Rating and Financial Key Figures
Credit rating
Company information
About PRODUKTIONSSELSKABET AF 18. AUGUST 1989 ApS
PRODUKTIONSSELSKABET AF 18. AUGUST 1989 ApS (CVR number: 10213177) is a company from AALBORG. The company recorded a gross profit of 75.6 kDKK in 2023. The operating profit was 14.3 kDKK, while net earnings were -6.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. PRODUKTIONSSELSKABET AF 18. AUGUST 1989 ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 13.64 | ||||
Gross profit | 13.64 | 25.86 | -0.79 | 366.60 | 75.63 |
EBIT | -56.62 | -44.39 | -66.79 | 304.01 | 14.32 |
Net earnings | - 169.50 | - 246.86 | - 161.38 | 327.84 | -6.31 |
Shareholders equity total | 1 431.59 | 1 184.73 | 1 023.35 | 1 351.19 | 1 344.88 |
Balance sheet total (assets) | 2 237.43 | 1 963.20 | 1 627.89 | 1 647.26 | 1 731.70 |
Net debt | 584.72 | 520.02 | 464.63 | 158.07 | 315.61 |
Profitability | |||||
EBIT-% | -415.1 % | ||||
ROA | 4.1 % | 8.7 % | 4.7 % | 24.7 % | 5.3 % |
ROE | -11.2 % | -18.9 % | -14.6 % | 27.6 % | -0.5 % |
ROI | -7.6 % | -12.1 % | -9.7 % | 25.2 % | -0.1 % |
Economic value added (EVA) | -33.23 | -36.00 | -51.93 | 249.60 | -7.71 |
Solvency | |||||
Equity ratio | 64.0 % | 60.3 % | 62.9 % | 82.0 % | 77.7 % |
Gearing | 53.9 % | 59.4 % | 53.0 % | 18.3 % | 26.5 % |
Relative net indebtedness % | 4430.7 % | ||||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.2 | 0.3 | 0.5 |
Current ratio | 0.3 | 0.3 | 0.2 | 0.3 | 0.5 |
Cash and cash equivalents | 187.28 | 183.25 | 78.22 | 89.39 | 40.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -4018.5 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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