ProMark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ProMark A/S
ProMark A/S (CVR number: 31075262K) is a company from LYNGBY-TAARBÆK. The company reported a net sales of 91.7 mDKK in 2023, demonstrating a growth of 19.6 % compared to the previous year. The operating profit percentage was at 10.5 % (EBIT: 9.6 mDKK), while net earnings were 6314 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good but Return on Equity (ROE) was 17 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ProMark A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 62.10 | 62.71 | 66.63 | 76.71 | 91.71 |
Gross profit | 53.85 | 56.15 | 59.04 | 52.09 | 61.56 |
EBIT | 6.85 | 7.05 | 3.39 | 6.59 | 9.64 |
Net earnings | 5.04 | 5.46 | 2.54 | 4.45 | 6.31 |
Shareholders equity total | 35.41 | 34.78 | 39.59 | 33.98 | 40.15 |
Balance sheet total (assets) | 58.46 | 65.25 | 67.58 | 66.85 | 85.33 |
Net debt | 4.62 | -4.01 | -1.02 | 11.46 | 5.61 |
Profitability | |||||
EBIT-% | 11.0 % | 11.2 % | 5.1 % | 8.6 % | 10.5 % |
ROA | 11.3 % | 11.5 % | 5.1 % | 9.8 % | 12.7 % |
ROE | 14.2 % | 15.6 % | 6.8 % | 12.1 % | 17.0 % |
ROI | 13.4 % | 14.6 % | 6.3 % | 11.4 % | 16.6 % |
Economic value added (EVA) | 3.79 | 4.31 | 1.59 | 3.89 | 5.74 |
Solvency | |||||
Equity ratio | 60.6 % | 53.3 % | 58.6 % | 50.8 % | 47.0 % |
Gearing | 23.0 % | 11.1 % | 26.1 % | 36.1 % | 18.9 % |
Relative net indebtedness % | 31.4 % | 36.1 % | 25.0 % | 41.8 % | 47.1 % |
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 1.2 | 1.0 | 0.8 |
Current ratio | 0.9 | 1.0 | 1.3 | 1.0 | 0.9 |
Cash and cash equivalents | 3.53 | 7.86 | 11.33 | 0.82 | 1.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 58.5 | 57.9 | 51.4 | 56.6 | 81.4 |
Net working capital % | -2.4 % | -1.1 % | 7.0 % | 0.9 % | -5.0 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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