PRIORPARKEN 680 K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PRIORPARKEN 680 K/S
PRIORPARKEN 680 K/S (CVR number: 26432804) is a company from KØBENHAVN. The company reported a net sales of 10.3 mDKK in 2023, demonstrating a growth of 10.4 % compared to the previous year. The operating profit percentage was at 133.9 % (EBIT: 13.8 mDKK), while net earnings were 13.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. PRIORPARKEN 680 K/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 13 626.16 | -3 370.10 | 9 173.66 | 9 359.66 | 10 336.84 |
Gross profit | 12 986.59 | -5 564.44 | 8 539.33 | 8 932.50 | 9 840.19 |
EBIT | 12 986.59 | -14 488.64 | 8 539.33 | 11 932.50 | 13 840.19 |
Net earnings | 11 441.53 | -17 934.54 | 8 234.85 | 11 681.58 | 13 661.51 |
Shareholders equity total | 90 857.07 | 72 922.54 | 72 486.38 | 77 029.96 | 81 935.48 |
Balance sheet total (assets) | 126 670.12 | 129 760.31 | 104 884.82 | 107 207.77 | 110 490.21 |
Net debt | 20 214.26 | 6 570.84 | 29 836.53 | 28 308.34 | 27 347.41 |
Profitability | |||||
EBIT-% | 95.3 % | 93.1 % | 127.5 % | 133.9 % | |
ROA | 10.3 % | -11.3 % | 7.3 % | 11.3 % | 12.8 % |
ROE | 12.8 % | -21.9 % | 11.3 % | 15.6 % | 17.2 % |
ROI | 10.4 % | -12.5 % | 8.2 % | 11.4 % | 12.8 % |
Economic value added (EVA) | 6 983.12 | -20 502.00 | 4 117.32 | 6 364.98 | 8 122.03 |
Solvency | |||||
Equity ratio | 71.7 % | 56.2 % | 69.1 % | 71.9 % | 74.2 % |
Gearing | 38.0 % | 45.1 % | 43.1 % | 38.3 % | 34.0 % |
Relative net indebtedness % | 157.6 % | -904.7 % | 338.1 % | 309.6 % | 271.6 % |
Liquidity | |||||
Quick ratio | 4.9 | 1.0 | 0.6 | 0.5 | 0.2 |
Current ratio | 4.9 | 1.0 | 0.6 | 0.5 | 0.2 |
Cash and cash equivalents | 14 341.50 | 26 347.18 | 1 386.60 | 1 203.77 | 476.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 86.3 % | -33.0 % | -11.1 % | -12.7 % | -19.1 % |
Credit risk | |||||
Credit rating | AA | BBB | AA | AA | AA |
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