PROMMEC ApS — Credit Rating and Financial Key Figures

CVR number: 38278592
Peder Skrams Gade 34, 8200 Aarhus N
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Company information

Official name
PROMMEC ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About PROMMEC ApS

PROMMEC ApS (CVR number: 38278592) is a company from AARHUS. The company recorded a gross profit of -22.2 kDKK in 2020. The operating profit was -71.1 kDKK, while net earnings were -0.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PROMMEC ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
Volume
Net sales
Gross profit1 274.33538.25658.03-22.18
EBIT719.2013.07298.60-71.09
Net earnings565.538.27188.61-0.09
Shareholders equity total615.54123.80238.6149.91
Balance sheet total (assets)792.58432.63481.46234.56
Net debt- 216.63- 261.40- 254.59-65.72
Profitability
EBIT-%
ROA92.0 %2.1 %65.3 %1.5 %
ROE91.9 %2.2 %104.1 %-0.1 %
ROI118.3 %2.9 %79.7 %1.6 %
Economic value added (EVA)559.24-10.58247.13-59.08
Solvency
Equity ratio77.7 %28.6 %49.6 %21.3 %
Gearing132.1 %93.5 %242.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.41.42.01.3
Current ratio4.41.42.01.3
Cash and cash equivalents216.63424.96477.79186.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:1.46%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.3%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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