Premium Electric Motor ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Premium Electric Motor ApS
Premium Electric Motor ApS (CVR number: 39221292) is a company from ODENSE. The company recorded a gross profit of 140.8 kDKK in 2024. The operating profit was -31.6 kDKK, while net earnings were -49.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -20.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.1 %, 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. Premium Electric Motor ApS's liquidity measured by quick ratio was 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 165.00 | 154.00 | 57.00 | 107.00 | 140.78 |
EBIT | 165.00 | 75.00 | -7.00 | 37.00 | -31.60 |
Net earnings | 116.00 | 47.00 | -18.00 | 7.00 | -49.56 |
Shareholders equity total | - 412.00 | - 365.00 | - 383.00 | - 377.00 | 204.00 |
Balance sheet total (assets) | 239.00 | 301.00 | 225.00 | 288.00 | 271.74 |
Net debt | 432.00 | 467.00 | 402.00 | 320.00 | - 203.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.7 % | 11.4 % | -1.1 % | 5.8 % | -6.7 % |
ROE | 51.2 % | 17.4 % | -6.8 % | 2.7 % | -20.1 % |
ROI | 25.2 % | 12.7 % | -1.2 % | 6.3 % | -7.8 % |
Economic value added (EVA) | 155.65 | 84.24 | 18.67 | 53.91 | 5.39 |
Solvency | |||||
Equity ratio | -63.3 % | -54.8 % | -63.0 % | -56.7 % | 75.1 % |
Gearing | -141.5 % | -164.1 % | -148.6 % | -161.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 4.2 | 5.1 | 5.1 | 4.0 |
Current ratio | 3.2 | 4.2 | 5.1 | 5.1 | 4.0 |
Cash and cash equivalents | 151.00 | 132.00 | 167.00 | 288.00 | 203.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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