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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  2.3% 10.5% 8.6% 8.0% 8.1%  
Credit score (0-100)  66 23 27 30 29  
Credit rating  BBB BB BB 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  1,313 1,325 2,523 3,325 4,050  
EBITDA  223 -324 103 116 184  
EBIT  217 -351 76.1 92.8 88.1  
Pre-tax profit (PTP)  207.0 -371.9 43.5 68.1 52.2  
Net earnings  159.2 -293.1 22.5 15.1 25.0  
Pre-tax profit without non-rec. items  207 -372 43.5 68.1 52.2  

 
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  116 88.5 61.2 67.7 115  
Shareholders equity total  412 119 141 157 181  
Interest-bearing liabilities  331 391 201 291 516  
Balance sheet total (assets)  1,170 1,475 1,481 1,850 2,427  

Net Debt  329 389 123 287 515  
 
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  1,313 1,325 2,523 3,325 4,050  
Gross profit growth  17.9% 1.0% 90.4% 31.8% 21.8%  
Employees  3 3 5 5 7  
Employee growth %  0.0% 0.0% 66.7% 0.0% 40.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  1,170 1,475 1,481 1,850 2,427  
Balance sheet change%  2.1% 26.0% 0.4% 24.9% 31.2%  
Added value  222.7 -324.2 103.5 120.1 184.0  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  110 -55 -55 -17 252  

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

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 (%)  16.5% -26.5% 3.0% 2.8% 2.2%  
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 %  19.8% -26.4% 5.2% 6.0% 4.5%  
ROI %  37.4% -49.8% 14.2% 22.2% 16.6%  
ROE %  47.9% -110.4% 17.3% 10.1% 14.8%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  35.2% 8.1% 9.6% 8.5% 7.5%  
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, %  147.5% -120.0% 118.6% 246.5% 279.6%  
Gearing %  80.3% 328.6% 142.2% 186.1% 284.3%  
Net interest  0 0 0 0 0  
Financing costs %  8.4% 6.2% 11.0% 12.7% 10.7%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.7 0.6 0.6 0.8 0.5  
Current Ratio  1.4 1.1 1.1 1.1 1.0  
Cash and cash equivalent  2.3 1.9 78.4 4.6 1.3  

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  269.1 84.8 124.2 132.6 -102.0  
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  74 -108 21 24 26  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  74 -108 21 23 26  
EBIT / employee  72 -117 15 19 13  
Net earnings / employee  53 -98 4 3 4