Princh A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Princh A/S
Princh A/S (CVR number: 37833789) is a company from AARHUS. The company recorded a gross profit of 5819.6 kDKK in 2023. The operating profit was -860.1 kDKK, while net earnings were -1041.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -11.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Princh A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 061.65 | 2 216.81 | 2 564.12 | 6 667.35 | 5 819.62 |
EBIT | -1 498.43 | -1 462.58 | -2 310.14 | 1 496.29 | - 860.12 |
Net earnings | -1 378.47 | -1 240.94 | -1 823.35 | 544.34 | -1 041.65 |
Shareholders equity total | 842.17 | 851.23 | - 972.12 | 747.69 | - 293.96 |
Balance sheet total (assets) | 7 601.36 | 8 392.82 | 12 623.93 | 15 441.80 | 16 968.15 |
Net debt | 2 920.90 | 1 624.58 | 1 812.50 | -2 177.96 | -2 674.05 |
Profitability | |||||
EBIT-% | |||||
ROA | -19.2 % | -18.3 % | -20.5 % | 10.6 % | -5.0 % |
ROE | -90.0 % | -146.6 % | -27.1 % | 8.1 % | -11.8 % |
ROI | -24.1 % | -28.9 % | -38.5 % | 19.8 % | -10.5 % |
Economic value added (EVA) | -1 079.22 | - 832.04 | -1 373.10 | 2 443.40 | - 112.26 |
Solvency | |||||
Equity ratio | 11.1 % | 10.1 % | -7.2 % | 4.8 % | -1.7 % |
Gearing | 473.0 % | 354.2 % | -633.3 % | 306.7 % | -825.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | 0.7 | 0.7 | 0.6 |
Current ratio | 0.3 | 0.5 | 0.7 | 0.7 | 0.6 |
Cash and cash equivalents | 1 062.85 | 1 390.78 | 4 344.25 | 4 470.91 | 5 101.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
Variable visualization
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