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

CVR number: 25052498
Jernbanegade 11, 6862 Tistrup
primo@primo.dk
tel: 75299769

Credit rating

Company information

Official name
PRIMO HOLDING A/S
Personnel
4 persons
Established
1999
Company form
Limited company
Industry

About PRIMO HOLDING A/S

PRIMO HOLDING A/S (CVR number: 25052498K) is a company from VARDE. The company reported a net sales of 1354.8 mDKK in 2024, demonstrating a growth of 4.7 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 89.8 mDKK), while net earnings were 165 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good and Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.4 %, 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 4.6 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 071.001 348.001 526.001 294.491 354.82
Gross profit306.00400.00362.00285.06338.07
EBIT96.00145.0072.0025.8889.83
Net earnings126.00217.00-7.00103.50164.98
Shareholders equity total914.001 112.001 098.001 185.211 349.03
Balance sheet total (assets)1 161.001 412.001 496.001 594.411 638.61
Net debt- 540.21- 702.50
Profitability
EBIT-%9.0 %10.8 %4.7 %2.0 %6.6 %
ROA8.5 %11.3 %5.0 %9.1 %13.6 %
ROE14.8 %21.4 %-0.6 %9.4 %14.0 %
ROI8.5 %11.3 %5.0 %9.8 %15.4 %
Economic value added (EVA)56.2099.0716.12-33.414.29
Solvency
Equity ratio100.0 %100.0 %100.0 %74.5 %82.4 %
Gearing17.0 %8.8 %
Relative net indebtedness %-25.8 %-39.6 %
Liquidity
Quick ratio2.84.6
Current ratio3.35.4
Cash and cash equivalents741.72820.95
Capital use efficiency
Trade debtors turnover (days)43.439.9
Net working capital %9.3 %13.3 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.4%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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