Prime Coding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Prime Coding ApS
Prime Coding ApS (CVR number: 41628308) is a company from VEJEN. The company recorded a gross profit of -47.5 kDKK in 2024. The operating profit was -71 kDKK, while net earnings were -70.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -69.9 %, which can be considered poor and Return on Equity (ROE) was -92.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. Prime Coding ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -1.58 | 0.08 | 123.37 | -47.50 |
EBIT | -1.58 | 0.08 | 113.74 | -70.99 |
Net earnings | -1.88 | -0.12 | 88.36 | -70.46 |
Shareholders equity total | 38.12 | 38.00 | 126.36 | 25.90 |
Balance sheet total (assets) | 38.12 | 38.22 | 161.50 | 40.00 |
Net debt | -38.12 | -37.77 | - 134.00 | -21.88 |
Profitability | ||||
EBIT-% | ||||
ROA | -4.2 % | 0.2 % | 114.0 % | -69.9 % |
ROE | -4.9 % | -0.3 % | 107.5 % | -92.6 % |
ROI | -4.2 % | 0.2 % | 138.5 % | -91.6 % |
Economic value added (EVA) | -1.58 | -1.84 | 86.36 | -77.34 |
Solvency | ||||
Equity ratio | 100.0 % | 99.4 % | 78.2 % | 64.8 % |
Gearing | 5.8 % | |||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 173.7 | 4.6 | 2.8 | |
Current ratio | 173.7 | 4.6 | 2.8 | |
Cash and cash equivalents | 38.12 | 37.77 | 134.00 | 23.38 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | B | BB | B |
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