PR ELECTRONICS A/S — Credit Rating and Financial Key Figures

CVR number: 73438411
Lerbakken 10, Følle 8410 Rønde
tel: 86373085

Credit rating

Company information

Official name
PR ELECTRONICS A/S
Personnel
180 persons
Established
1983
Domicile
Følle
Company form
Limited company
Industry

About PR ELECTRONICS A/S

PR ELECTRONICS A/S (CVR number: 73438411K) is a company from SYDDJURS. The company reported a net sales of 368.1 mDKK in 2021, demonstrating a growth of 9 % compared to the previous year. The operating profit percentage was at 14.3 % (EBIT: 52.8 mDKK), while net earnings were 41.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 21.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.4 %, 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. PR ELECTRONICS A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales305.23322.14327.91337.58368.06
Gross profit174.60181.25191.72204.26200.00
EBIT49.3047.6651.5063.9152.76
Net earnings37.5235.9941.0851.8041.06
Shareholders equity total197.70173.73184.75196.86186.74
Balance sheet total (assets)295.88308.50296.69302.89343.61
Net debt-25.413.40-23.13-41.9922.23
Profitability
EBIT-%16.2 %14.8 %15.7 %18.9 %14.3 %
ROA17.1 %15.8 %17.1 %21.5 %16.3 %
ROE19.7 %19.4 %22.9 %27.1 %21.4 %
ROI21.2 %19.8 %21.8 %28.0 %21.1 %
Economic value added (EVA)30.3628.6934.6844.2535.28
Solvency
Equity ratio66.9 %56.3 %62.3 %65.0 %54.4 %
Gearing10.6 %27.6 %14.4 %7.3 %36.2 %
Relative net indebtedness %10.3 %21.3 %13.0 %9.4 %25.8 %
Liquidity
Quick ratio1.81.11.31.60.9
Current ratio2.41.51.92.21.6
Cash and cash equivalents46.2744.6249.7856.3445.37
Capital use efficiency
Trade debtors turnover (days)61.955.347.059.149.9
Net working capital %26.6 %14.8 %20.8 %26.0 %22.6 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.4%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member
Board member

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