Promovec Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Promovec Group A/S
Promovec Group A/S (CVR number: 32782957) is a company from AARHUS. The company recorded a gross profit of -230.5 kDKK in 2023. The operating profit was -230.5 kDKK, while net earnings were -10.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -12.6 %, which can be considered poor and Return on Equity (ROE) was -14 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Promovec Group A/S's liquidity measured by quick ratio was 6 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
|---|---|---|
| Volume | ||
| Net sales | ||
| Gross profit | - 198.33 | - 230.47 |
| EBIT | - 198.33 | - 230.47 |
| Net earnings | 16 134.56 | -10 158.06 |
| Shareholders equity total | 77 534.98 | 67 378.75 |
| Balance sheet total (assets) | 84 156.67 | 72 074.18 |
| Net debt | 6 596.24 | -0.48 |
| Profitability | ||
| EBIT-% | ||
| ROA | 19.4 % | -12.6 % |
| ROE | 20.8 % | -14.0 % |
| ROI | 19.4 % | -13.0 % |
| Economic value added (EVA) | - 140.81 | 2 428.94 |
| Solvency | ||
| Equity ratio | 92.1 % | 93.5 % |
| Gearing | 8.5 % | |
| Relative net indebtedness % | ||
| Liquidity | ||
| Quick ratio | 2.5 | 6.0 |
| Current ratio | 2.5 | 6.0 |
| Cash and cash equivalents | 0.01 | 0.48 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | ||
| Credit risk | ||
| Credit rating | AA | BBB |
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