PRIMO DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 58 077.00 | 62 219.00 | 79 189.00 | 95 634.00 | 68 245.00 |
EBIT | 58 077.00 | 62 219.00 | 79 189.00 | 32 240.00 | 10 741.00 |
Net earnings | 15 900.00 | 18 184.00 | 23 896.00 | 25 467.00 | 7 729.00 |
Shareholders equity total | 59 741.00 | 55 516.00 | 68 257.00 | 93 724.00 | 86 553.00 |
Balance sheet total (assets) | 103 305.00 | 108 746.00 | 144 360.00 | 171 202.00 | 153 155.00 |
Net debt | 27 331.00 | 36 563.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 59.4 % | 58.7 % | 62.6 % | 21.0 % | 6.9 % |
ROE | 53.2 % | 31.6 % | 38.6 % | 31.4 % | 8.6 % |
ROI | 59.4 % | 58.7 % | 62.6 % | 24.2 % | 8.7 % |
Economic value added (EVA) | 58 077.00 | 59 217.01 | 76 399.32 | 21 686.86 | 4 349.15 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 54.7 % | 56.5 % |
Gearing | 35.1 % | 42.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | |||
Current ratio | 1.6 | 1.5 | |||
Cash and cash equivalents | 5 524.00 | 581.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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