ProPlants ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ProPlants ApS
ProPlants ApS (CVR number: 40521933) is a company from VEJLE. The company recorded a gross profit of -6.7 kDKK in 2023. The operating profit was -6.7 kDKK, while net earnings were -5.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10 %, which can be considered poor and Return on Equity (ROE) was -13.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. ProPlants ApS's liquidity measured by quick ratio was 2.3 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 financials| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -18.62 | -1.60 | -0.08 | -13.25 | -6.69 | 
| EBIT | -18.62 | -1.60 | -0.08 | -13.25 | -6.69 | 
| Net earnings | -16.61 | -1.49 | -0.67 | -12.52 | -5.45 | 
| Shareholders equity total | 58.39 | 56.90 | 56.24 | 43.72 | 38.27 | 
| Balance sheet total (assets) | 68.39 | 66.91 | 66.24 | 66.22 | 67.50 | 
| Net debt | -66.01 | -64.10 | -63.25 | -49.89 | -43.17 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | -27.2 % | -2.4 % | -0.1 % | -20.0 % | -10.0 % | 
| ROE | -28.4 % | -2.6 % | -1.2 % | -25.0 % | -13.3 % | 
| ROI | -31.9 % | -2.8 % | -0.1 % | -23.6 % | -11.8 % | 
| Economic value added (EVA) | -16.29 | -1.22 | 0.28 | -12.06 | -4.15 | 
| Solvency | |||||
| Equity ratio | 85.4 % | 85.1 % | 84.9 % | 66.0 % | 56.7 % | 
| Gearing | 28.6 % | 50.2 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 6.8 | 6.7 | 6.6 | 2.9 | 2.3 | 
| Current ratio | 6.8 | 6.7 | 6.6 | 2.9 | 2.3 | 
| Cash and cash equivalents | 66.01 | 64.10 | 63.25 | 62.39 | 62.39 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB | 
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