PROVAS HOLDING A/S — Credit Rating and Financial Key Figures

PROVAS HOLDING A/S (CVR number: 35391746K) is a company from HADERSLEV. The company reported a net sales of 259.7 mDKK in 2023, demonstrating a growth of 36.3 % compared to the previous year. The operating profit percentage was at 17.3 % (EBIT: 44.9 mDKK), while net earnings were 42 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 86.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PROVAS HOLDING A/S's liquidity measured by quick ratio was 7.4 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.