PRIMO VINDUER A/S — Credit Rating and Financial Key Figures

CVR number: 66031012
Gl Møllevej 5 B, 6660 Lintrup
tel: 70111233

Credit rating

Company information

Official name
PRIMO VINDUER A/S
Personnel
53 persons
Established
1980
Company form
Limited company
Industry

About PRIMO VINDUER A/S

PRIMO VINDUER A/S (CVR number: 66031012) is a company from VEJEN. The company recorded a gross profit of 19.4 mDKK in 2023. The operating profit was -2640.4 kDKK, while net earnings were -2856.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.1 %, which can be considered poor and Return on Equity (ROE) was -31 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. PRIMO VINDUER A/S's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit15 853.9416 565.7925 307.2520 200.6219 383.37
EBIT1 062.131 957.03514.76-4 811.06-2 640.44
Net earnings442.601 346.45381.11-3 947.87-2 856.62
Shareholders equity total13 505.7314 202.1814 583.2910 635.427 778.80
Balance sheet total (assets)40 489.6940 780.9040 380.4140 555.1239 554.26
Net debt17 574.1215 869.7514 137.1719 542.9822 564.09
Profitability
EBIT-%
ROA3.5 %5.9 %2.5 %-10.5 %-5.1 %
ROE3.1 %9.7 %2.6 %-31.3 %-31.0 %
ROI4.2 %7.0 %3.1 %-13.4 %-6.7 %
Economic value added (EVA)- 282.01533.06- 620.18-4 765.42-3 101.91
Solvency
Equity ratio34.2 %35.1 %36.3 %26.2 %19.7 %
Gearing130.1 %112.1 %97.4 %186.8 %290.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.70.70.6
Current ratio1.01.21.21.21.0
Cash and cash equivalents3.1449.7462.95328.668.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBBBBB

Variable visualization

ROA:-5.11%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.7%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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