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

PRIMO HOLDING A/S (CVR number: 25052498K) is a company from VARDE. The company reported a net sales of 1294.5 mDKK in 2023, demonstrating a decline of -15.2 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 25.9 mDKK), while net earnings were 103.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 86.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PRIMO HOLDING A/S's liquidity measured by quick ratio was 8.4 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.