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Analyst: XBRLDenmark
 
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  10.2% 12.3% 7.2% 11.8% 11.9%  
Credit score (0-100)  25 19 32 19 19  
Credit rating  BB BB BBB BB BB  
Credit limit (kDKK)  0.0 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  321 374 316 393 277  
EBITDA  136 83.8 218 141 -64.1  
EBIT  132 80.2 214 137 -67.7  
Pre-tax profit (PTP)  104.3 18.1 183.7 105.0 -72.9  
Net earnings  81.1 14.0 143.2 81.5 -57.9  
Pre-tax profit without non-rec. items  104 18.1 184 105 -72.9  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  21.2 17.7 14.1 10.6 7.1  
Shareholders equity total  -131 -117 26.3 108 50.0  
Interest-bearing liabilities  274 262 114 10.7 0.0  
Balance sheet total (assets)  477 470 445 318 405  

Net Debt  125 93.7 -15.9 -18.1 -124  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  321 374 316 393 277  
Gross profit growth  57.9% 16.6% -15.6% 24.5% -29.5%  
Employees  1 1 1 1 1  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  477 470 445 318 405  
Balance sheet change%  19.1% -1.4% -5.4% -28.6% 27.4%  
Added value  136.0 83.8 217.7 141.0 -64.1  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  -7 -7 -7 -7 -7  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  2.0 3.0 4.0 5.0 -1.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  41.3% 21.4% 67.9% 35.0% -24.4%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  21.7% 13.4% 41.4% 36.0% -18.7%  
ROI %  40.9% 30.0% 106.2% 106.0% -80.1%  
ROE %  18.5% 3.0% 57.7% 121.6% -73.4%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  -21.5% -19.9% 5.9% 33.9% 12.3%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  91.6% 111.9% -7.3% -12.8% 193.4%  
Gearing %  -209.2% -223.8% 435.1% 9.9% 0.0%  
Net interest  0 0 0 0 0  
Financing costs %  8.7% 23.2% 16.0% 51.7% 102.5%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.4 0.4 0.4 0.1 0.4  
Current Ratio  0.6 0.6 0.8 0.8 0.8  
Cash and cash equivalent  149.3 168.0 130.3 28.7 124.0  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  -244.1 -226.6 -88.8 -33.8 -88.1  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  136 84 218 141 -64  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  136 84 218 141 -64  
EBIT / employee  132 80 214 137 -68  
Net earnings / employee  81 14 143 82 -58