PROAD ApS — Credit Rating and Financial Key Figures

CVR number: 36419458
Smallegade 54, 2000 Frederiksberg
torben.lund@proad.dk
tel: 28400522
www.proad.dk

Credit rating

Company information

Official name
PROAD ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

About PROAD ApS

PROAD ApS (CVR number: 36419458) is a company from FREDERIKSBERG. The company recorded a gross profit of 1376.8 kDKK in 2023. The operating profit was 1376.8 kDKK, while net earnings were 1074 kDKK. The profitability of the company measured by Return on Assets (ROA) was 76.5 %, which can be considered excellent and Return on Equity (ROE) was 91.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.4 %, 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. PROAD ApS's liquidity measured by quick ratio was 2.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit830.721 407.38813.931 218.241 376.77
EBIT824.751 405.60796.901 218.241 376.77
Net earnings651.231 101.74626.56947.591 073.98
Shareholders equity total888.191 389.93816.491 064.081 288.07
Balance sheet total (assets)1 185.671 933.582 216.411 698.231 941.25
Net debt- 400.40- 219.28- 674.03-1 018.30-1 326.08
Profitability
EBIT-%
ROA88.4 %91.7 %39.7 %62.8 %76.5 %
ROE91.4 %96.7 %56.8 %100.8 %91.3 %
ROI118.6 %125.4 %74.4 %115.6 %107.0 %
Economic value added (EVA)615.151 061.92552.27935.831 071.60
Solvency
Equity ratio74.9 %71.9 %36.8 %62.7 %66.4 %
Gearing21.6 %
Relative net indebtedness %
Liquidity
Quick ratio4.03.51.52.62.9
Current ratio4.03.51.52.62.9
Cash and cash equivalents400.40219.28674.031 248.461 326.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:76.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.4%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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