PRIMO DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 10238935
Jernbanegade 11, 6862 Tistrup
primo@primo.dk
tel: 75299769

Credit rating

Company information

Official name
PRIMO DANMARK A/S
Personnel
172 persons
Established
1986
Company form
Limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About PRIMO DANMARK A/S

PRIMO DANMARK A/S (CVR number: 10238935) is a company from VARDE. The company recorded a gross profit of 68.2 mDKK in 2023. The operating profit was 10.7 mDKK, while net earnings were 7729 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56.5 %, 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. PRIMO DANMARK A/S's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit58 077.0062 219.0079 189.0095 634.0068 245.00
EBIT58 077.0062 219.0079 189.0032 240.0010 741.00
Net earnings15 900.0018 184.0023 896.0025 467.007 729.00
Shareholders equity total59 741.0055 516.0068 257.0093 724.0086 553.00
Balance sheet total (assets)103 305.00108 746.00144 360.00171 202.00153 155.00
Net debt27 331.0036 563.00
Profitability
EBIT-%
ROA59.4 %58.7 %62.6 %21.0 %6.9 %
ROE53.2 %31.6 %38.6 %31.4 %8.6 %
ROI59.4 %58.7 %62.6 %24.2 %8.7 %
Economic value added (EVA)58 077.0059 217.0176 399.3221 686.864 349.15
Solvency
Equity ratio100.0 %100.0 %100.0 %54.7 %56.5 %
Gearing35.1 %42.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.6
Current ratio1.61.5
Cash and cash equivalents5 524.00581.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:6.87%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.5%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Chief executive officer

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