PHARMACEUTICAL RESEARCH ASSOCIATES DENMARK ApS

CVR number: 33242840
Sankt Ols Gade 4, 4000 Roskilde
tel: 46302030

Credit rating

Company information

Official name
PHARMACEUTICAL RESEARCH ASSOCIATES DENMARK ApS
Personnel
73 persons
Established
2010
Company form
Private limited company
Industry
  • Expand more icon72Scientific research and development

About the company

PHARMACEUTICAL RESEARCH ASSOCIATES DENMARK ApS (CVR number: 33242840) is a company from ROSKILDE. The company recorded a gross profit of 64 mDKK in 2023. The operating profit was 4007.9 kDKK, while net earnings were 3114.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 19.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.4 %, 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. PHARMACEUTICAL RESEARCH ASSOCIATES DENMARK ApS's liquidity measured by quick ratio was 1.8 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
20192020202120222023
Volume
Net sales
Gross profit26 958.4134 797.0744 685.5455 810.2564 001.72
EBIT2 049.242 622.293 939.173 523.644 007.92
Net earnings1 584.072 056.892 999.652 723.223 114.12
Shareholders equity total6 444.148 501.0311 500.6814 223.9017 338.02
Balance sheet total (assets)10 128.6313 971.0717 629.5018 397.9539 033.63
Net debt- 639.78161.00295.31-2 402.5915 833.45
Profitability
EBIT-%
ROA20.1 %22.1 %24.9 %19.7 %14.1 %
ROE28.0 %27.5 %30.0 %21.2 %19.7 %
ROI32.9 %27.0 %28.9 %23.5 %16.3 %
Economic value added (EVA)1 385.021 764.902 675.942 196.022 564.40
Solvency
Equity ratio63.6 %60.8 %65.2 %77.3 %44.4 %
Gearing3.5 %9.0 %7.3 %5.6 %100.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.75.25.34.41.8
Current ratio3.75.25.34.41.8
Cash and cash equivalents862.30608.13539.253 195.451 520.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.4%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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