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

CVR number: 32782957
Langdyssen 6, Lisbjerg 8200 Aarhus N
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Credit rating

Company information

Official name
Promovec Group A/S
Established
2010
Domicile
Lisbjerg
Company form
Limited company
Industry

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

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Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales
Gross profit- 198.33- 230.47
EBIT- 198.33- 230.47
Net earnings16 134.56-10 158.06
Shareholders equity total77 534.9867 378.75
Balance sheet total (assets)84 156.6772 074.18
Net debt6 596.24-0.48
Profitability
EBIT-%
ROA19.4 %-12.6 %
ROE20.8 %-14.0 %
ROI19.4 %-13.0 %
Economic value added (EVA)- 140.812 428.94
Solvency
Equity ratio92.1 %93.5 %
Gearing8.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.56.0
Current ratio2.56.0
Cash and cash equivalents0.010.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBB

Variable visualization

ROA:-12.6%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.5%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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