PROMMEC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 274.33 | 538.25 | 658.03 | -22.18 |
EBIT | 719.20 | 13.07 | 298.60 | -71.09 |
Net earnings | 565.53 | 8.27 | 188.61 | -0.09 |
Shareholders equity total | 615.54 | 123.80 | 238.61 | 49.91 |
Balance sheet total (assets) | 792.58 | 432.63 | 481.46 | 234.56 |
Net debt | - 216.63 | - 261.40 | - 254.59 | -65.72 |
Profitability | ||||
EBIT-% | ||||
ROA | 92.0 % | 2.1 % | 65.3 % | 1.5 % |
ROE | 91.9 % | 2.2 % | 104.1 % | -0.1 % |
ROI | 118.3 % | 2.9 % | 79.7 % | 1.6 % |
Economic value added (EVA) | 559.24 | -10.58 | 247.13 | -59.08 |
Solvency | ||||
Equity ratio | 77.7 % | 28.6 % | 49.6 % | 21.3 % |
Gearing | 132.1 % | 93.5 % | 242.3 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 4.4 | 1.4 | 2.0 | 1.3 |
Current ratio | 4.4 | 1.4 | 2.0 | 1.3 |
Cash and cash equivalents | 216.63 | 424.96 | 477.79 | 186.68 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BB | BBB | B |
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