PROMENADEN ODENSE A/S

PROMENADEN ODENSE A/S (CVR number: 36021969) is a company from SILKEBORG. The company recorded a gross profit of -158.8 kDKK in 2022. The operating profit was -158.8 kDKK, while net earnings were -140.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -30.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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. PROMENADEN ODENSE A/S's liquidity measured by quick ratio was 1.5 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.