Priess District Heating A/S — Credit Rating and Financial Key Figures

Priess District Heating A/S (CVR number: 43675680) is a company from HOLSTEBRO. The company recorded a gross profit of 13.5 mDKK in 2024. The operating profit was 2875.6 kDKK, while net earnings were 2062.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 72.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.7 %, 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. Priess District Heating A/S's liquidity measured by quick ratio was 1.4 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.