PRO DEVELOPMENTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PRO DEVELOPMENTS A/S
PRO DEVELOPMENTS A/S (CVR number: 33885962) is a company from RANDERS. The company recorded a gross profit of -1388.2 kDKK in 2024. The operating profit was -3475.6 kDKK, while net earnings were 10.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 62.1 %, which can be considered excellent and Return on Equity (ROE) was 76.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.1 %, 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. PRO DEVELOPMENTS A/S's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 819.26 | 5 398.35 | 7 249.47 | - 866.63 | -1 388.20 |
EBIT | 1 005.67 | 4 111.95 | 4 209.59 | -4 274.66 | -3 475.56 |
Net earnings | 2 664.74 | 4 084.91 | 12 358.44 | 4 768.96 | 10 333.70 |
Shareholders equity total | 8 404.62 | 12 489.53 | 18 847.97 | 13 416.94 | 13 750.64 |
Balance sheet total (assets) | 9 596.01 | 15 389.82 | 20 326.68 | 14 080.25 | 17 387.76 |
Net debt | - 133.44 | -1 364.62 | -3 334.52 | - 567.25 | 830.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 33.0 % | 40.2 % | 75.3 % | 22.9 % | 62.1 % |
ROE | 37.7 % | 39.1 % | 78.9 % | 29.6 % | 76.1 % |
ROI | 39.0 % | 47.9 % | 85.7 % | 24.4 % | 64.7 % |
Economic value added (EVA) | 757.81 | 3 197.28 | 3 216.99 | -2 997.77 | -3 129.46 |
Solvency | |||||
Equity ratio | 87.6 % | 81.2 % | 92.7 % | 95.3 % | 79.1 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | 22.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.4 | 3.5 | 3.9 | 9.7 | 1.9 |
Current ratio | 4.4 | 3.5 | 3.9 | 9.7 | 1.9 |
Cash and cash equivalents | 133.76 | 1 368.93 | 3 342.62 | 567.25 | 2 208.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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