PRO2 PROPCO DENMARK K/S — Credit Rating and Financial Key Figures

CVR number: 35855750
Meldahlsgade 5, 1613 København V

Credit rating

Company information

Official name
PRO2 PROPCO DENMARK K/S
Established
2014
Company form
Limited partnership
Industry

About PRO2 PROPCO DENMARK K/S

PRO2 PROPCO DENMARK K/S (CVR number: 35855750) is a company from KØBENHAVN. The company recorded a gross profit of 20.1 mDKK in 2023. The operating profit was 19 mDKK, while net earnings were 14.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.3 %, 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. PRO2 PROPCO DENMARK K/S's liquidity measured by quick ratio was 3.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit20 245.0925 562.1113 367.0514 479.4420 055.87
EBIT41 788.5624 342.11-17 212.952 936.9019 045.07
Net earnings37 298.4919 758.04-21 900.08-1 674.0414 701.16
Shareholders equity total432 093.61451 851.65429 951.57428 277.53410 302.33
Balance sheet total (assets)622 972.83642 483.39621 706.94614 451.85600 770.15
Net debt154 591.72140 630.11132 345.12152 014.68145 788.05
Profitability
EBIT-%
ROA6.8 %3.8 %-2.7 %0.5 %3.1 %
ROE9.0 %4.5 %-5.0 %-0.4 %3.5 %
ROI6.9 %3.9 %-2.8 %0.5 %3.2 %
Economic value added (EVA)14 375.42-5 138.83-46 985.16-25 318.51-10 114.61
Solvency
Equity ratio69.4 %70.3 %69.2 %69.7 %68.3 %
Gearing41.5 %39.7 %41.7 %41.9 %43.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.64.54.99.33.3
Current ratio2.64.54.99.33.3
Cash and cash equivalents24 651.7738 725.8947 123.3927 566.3433 905.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:3.13%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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