PR ELECTRONICS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PR ELECTRONICS A/S
PR ELECTRONICS A/S (CVR number: 73438411) is a company from SYDDJURS. The company reported a net sales of 351.8 mDKK in 2024, demonstrating a decline of -1.6 % compared to the previous year. The operating profit percentage was at 21.6 % (EBIT: 76 mDKK), while net earnings were 72.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.6 %, which can be considered excellent and Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.4 %, 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. PR ELECTRONICS A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 259.27 | 281.36 | 380.24 | 357.36 | 351.79 |
| Gross profit | 156.33 | 151.10 | 229.62 | 223.00 | 198.98 |
| EBIT | 59.03 | 48.08 | 116.43 | 100.86 | 76.04 |
| Net earnings | 51.80 | 41.06 | 94.76 | 84.32 | 72.52 |
| Shareholders equity total | 196.86 | 186.74 | 280.55 | 305.63 | 246.37 |
| Balance sheet total (assets) | 288.78 | 330.82 | 384.26 | 390.73 | 349.94 |
| Net debt | -4.17 | 65.67 | -3.37 | -7.09 | -5.53 |
| Profitability | |||||
| EBIT-% | 22.8 % | 17.1 % | 30.6 % | 28.2 % | 21.6 % |
| ROA | 22.3 % | 16.8 % | 33.9 % | 27.7 % | 24.6 % |
| ROE | 27.1 % | 21.4 % | 40.6 % | 28.8 % | 26.3 % |
| ROI | 27.7 % | 20.8 % | 42.0 % | 33.6 % | 30.0 % |
| Economic value added (EVA) | 35.90 | 27.41 | 77.78 | 63.45 | 43.64 |
| Solvency | |||||
| Equity ratio | 68.2 % | 56.5 % | 73.0 % | 78.4 % | 70.4 % |
| Gearing | 7.3 % | 36.2 % | 4.3 % | 3.0 % | 5.1 % |
| Relative net indebtedness % | 21.3 % | 44.7 % | 19.4 % | 14.9 % | 19.3 % |
| Liquidity | |||||
| Quick ratio | 1.4 | 0.6 | 1.3 | 1.9 | 1.2 |
| Current ratio | 2.0 | 1.4 | 2.8 | 3.5 | 2.0 |
| Cash and cash equivalents | 18.53 | 1.93 | 15.36 | 16.23 | 18.03 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 27.2 | 27.7 | 27.4 | 30.5 | 31.9 |
| Net working capital % | 23.7 % | 18.6 % | 37.4 % | 43.7 % | 22.7 % |
| Credit risk | |||||
| Credit rating | AAA | AAA | AAA | AAA | AAA |
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