PROLOG DEVELOPMENT CENTER HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About PROLOG DEVELOPMENT CENTER HOLDING A/S
PROLOG DEVELOPMENT CENTER HOLDING A/S (CVR number: 25800680K) is a company from BRØNDBY. The company reported a net sales of 134.7 mDKK in 2023, demonstrating a decline of -1.4 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 5.7 mDKK), while net earnings were 5224 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.5 %, 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. PROLOG DEVELOPMENT CENTER HOLDING A/S's liquidity measured by quick ratio was 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 136 600.00 | 134 725.00 | |||
Gross profit | 100 590.00 | 102 645.00 | |||
EBIT | 11 053.00 | 5 707.00 | |||
Net earnings | 9 888.00 | 5 224.00 | |||
Shareholders equity total | 51 406.00 | 53 359.00 | |||
Balance sheet total (assets) | 80 368.00 | 81 438.00 | |||
Net debt | -26 546.00 | -9 347.00 | |||
Profitability | |||||
EBIT-% | 8.1 % | 4.2 % | |||
ROA | 15.4 % | 9.3 % | |||
ROE | 19.4 % | 10.1 % | |||
ROI | 21.1 % | 12.8 % | |||
Economic value added (EVA) | - 810.33 | 10 372.10 | 3 804.55 | ||
Solvency | |||||
Equity ratio | 64.0 % | 65.5 % | |||
Gearing | 10.3 % | 9.3 % | |||
Relative net indebtedness % | -3.6 % | 9.6 % | |||
Liquidity | |||||
Quick ratio | 3.2 | 3.0 | |||
Current ratio | 3.2 | 3.0 | |||
Cash and cash equivalents | 31 849.00 | 14 295.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 108.3 | 103.5 | |||
Net working capital % | 39.0 % | 38.5 % | |||
Credit risk | |||||
Credit rating | C | B | B | AA | AA |
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