PROVELOPMENT ApS

PROVELOPMENT ApS (CVR number: 30512073) is a company from VARDE. The company recorded a gross profit of 1096 kDKK in 2023. The operating profit was 364.3 kDKK, while net earnings were 283.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.8 %, which can be considered excellent and Return on Equity (ROE) was 69.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. PROVELOPMENT ApS's liquidity measured by quick ratio was 2.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.