Pragmatic ApS — Credit Rating and Financial Key Figures

CVR number: 40063153
Egehegnet 4, 3450 Allerød
jt@pragmatic.dk
tel: 22923320

Credit rating

Company information

Official name
Pragmatic ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Pragmatic ApS

Pragmatic ApS (CVR number: 40063153) is a company from ALLERØD. The company recorded a gross profit of 574.4 kDKK in 2023. The operating profit was 247.1 kDKK, while net earnings were 445.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.4 %, which can be considered excellent and Return on Equity (ROE) was 30.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Pragmatic ApS's liquidity measured by quick ratio was 11.6 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales359.43273.07423.49
Gross profit294.03216.30363.41500.11574.39
EBIT294.03216.30363.41418.50247.09
Net earnings226.26423.05446.26332.15445.75
Shareholders equity total276.26699.221 090.481 222.631 698.38
Balance sheet total (assets)393.01857.561 266.961 452.861 858.22
Net debt- 255.68- 779.74-1 155.43-1 382.51-1 787.56
Profitability
EBIT-%81.8 %79.2 %85.8 %
ROA74.8 %87.3 %53.2 %31.1 %33.4 %
ROE81.9 %86.7 %49.9 %28.7 %30.5 %
ROI106.4 %111.9 %63.0 %36.5 %37.8 %
Economic value added (EVA)228.41167.43292.92362.24251.16
Solvency
Equity ratio70.3 %81.5 %86.1 %84.2 %91.4 %
Gearing0.2 %
Relative net indebtedness %-38.7 %-227.6 %-231.7 %
Liquidity
Quick ratio3.45.47.26.311.6
Current ratio3.45.47.26.311.6
Cash and cash equivalents255.68779.741 157.891 382.511 787.56
Capital use efficiency
Trade debtors turnover (days)138.6103.889.9
Net working capital %76.9 %1.7 %-9.1 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:33.4%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.4%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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