Procurator Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Procurator Danmark A/S
Procurator Danmark A/S (CVR number: 34895058) is a company from AALBORG. The company recorded a gross profit of -44 kDKK in 2023. The operating profit was -44 kDKK, while net earnings were 194 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Procurator Danmark A/S's liquidity measured by quick ratio was 2.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 518.00 | 279.00 | - 127.00 | -60.00 | -44.00 |
EBIT | 8 518.00 | 279.00 | - 127.00 | -60.00 | -44.00 |
Net earnings | 8 514.00 | 1 165.00 | - 234.00 | 1 160.00 | 194.00 |
Shareholders equity total | 25 180.00 | 26 345.00 | 26 111.00 | 7 271.00 | 4 465.00 |
Balance sheet total (assets) | 25 716.00 | 26 679.00 | 26 704.00 | 7 830.00 | 8 033.00 |
Net debt | 39.00 | 5.00 | 314.00 | 314.00 | 3 314.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 37.4 % | 2.0 % | -0.5 % | 0.5 % | 2.4 % |
ROE | 40.7 % | 4.5 % | -0.9 % | 6.9 % | 3.3 % |
ROI | 39.2 % | 2.0 % | -0.5 % | 0.5 % | 2.5 % |
Economic value added (EVA) | 7 680.53 | -1 067.20 | -1 450.84 | -1 354.68 | - 409.37 |
Solvency | |||||
Equity ratio | 97.9 % | 98.7 % | 97.8 % | 92.9 % | 55.6 % |
Gearing | 0.2 % | 0.0 % | 1.2 % | 4.3 % | 74.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 48.0 | 79.9 | 45.0 | 14.0 | 2.3 |
Current ratio | 48.0 | 79.9 | 45.0 | 14.0 | 2.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | B | BB | BB |
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