Promovec Group A/S — Credit Rating and Financial Key Figures

Promovec Group A/S (CVR number: 32782957K) is a company from AARHUS. The company recorded a gross profit of 33 mDKK in 2023. The operating profit was -11.3 mDKK, while net earnings were -10.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -14.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.1 %, 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. Promovec Group A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.