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PRACTICUM ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PRACTICUM ApS
PRACTICUM ApS (CVR number: 35640290) is a company from SLAGELSE. The company recorded a gross profit of 1150.2 kDKK in 2024. The operating profit was -29 kDKK, while net earnings were -29.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.9 %, 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. PRACTICUM ApS's liquidity measured by quick ratio was 2.8 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 | 507.31 | 1 066.67 | 903.48 | 1 166.22 | 1 150.23 |
| EBIT | 20.32 | 365.13 | -7.98 | 76.36 | -29.04 |
| Net earnings | 14.25 | 277.22 | -18.16 | 53.38 | -29.47 |
| Shareholders equity total | 530.05 | 807.27 | 789.10 | 652.49 | 623.02 |
| Balance sheet total (assets) | 777.59 | 1 147.92 | 987.79 | 911.65 | 960.45 |
| Net debt | - 218.50 | - 861.89 | - 344.16 | - 240.84 | -66.89 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.8 % | 38.5 % | 0.4 % | 8.3 % | -3.0 % |
| ROE | 2.7 % | 41.5 % | -2.3 % | 7.4 % | -4.6 % |
| ROI | 3.9 % | 53.2 % | 0.5 % | 10.6 % | -4.2 % |
| Economic value added (EVA) | -12.99 | 252.33 | -51.95 | 12.31 | -62.02 |
| Solvency | |||||
| Equity ratio | 68.2 % | 70.3 % | 79.9 % | 71.6 % | 64.9 % |
| Gearing | 4.8 % | 2.9 % | 7.0 % | 6.5 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.2 | 3.4 | 5.0 | 3.5 | 2.8 |
| Current ratio | 3.2 | 3.4 | 5.0 | 3.5 | 2.8 |
| Cash and cash equivalents | 244.12 | 885.37 | 344.16 | 286.65 | 107.30 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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