PROLINE VVS A/S — Credit Rating and Financial Key Figures

CVR number: 28286996
Labirksgyden 118, Birkum 5220 Odense SØ
firma@prolinevvs.dk
tel: 63956020
www.prolinevvs.dk

Credit rating

Company information

Official name
PROLINE VVS A/S
Personnel
152 persons
Established
2004
Domicile
Birkum
Company form
Limited company
Industry

About PROLINE VVS A/S

PROLINE VVS A/S (CVR number: 28286996) is a company from ODENSE. The company recorded a gross profit of 2905 kDKK in 2023. The operating profit was -6795 kDKK, while net earnings were -6819.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.8 %, which can be considered poor and Return on Equity (ROE) was -72.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PROLINE VVS A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 568.6513 103.2314 840.0015.212 904.98
EBIT4 301.539 020.248 256.007.47-6 795.03
Net earnings3 121.106 842.036 051.004.80-6 819.44
Shareholders equity total8 761.7214 842.0320 893.0025.7018 877.32
Balance sheet total (assets)30 135.7050 762.4567 703.00101.8384 823.69
Net debt- 871.199.1911 686.0037.3139 282.93
Profitability
EBIT-%
ROA15.3 %22.3 %13.9 %0.0 %-15.8 %
ROE43.3 %58.0 %33.9 %0.0 %-72.2 %
ROI36.5 %52.1 %26.7 %0.0 %-20.5 %
Economic value added (EVA)3 048.346 618.375 670.39-1 187.27-5 318.70
Solvency
Equity ratio29.1 %29.2 %31.5 %25.2 %22.3 %
Gearing1.6 %0.8 %55.9 %145.2 %208.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.51.11.0
Current ratio1.51.61.61.41.3
Cash and cash equivalents1 007.81113.390.0035.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-15.8%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.3%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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