PROVAG ApS — Credit Rating and Financial Key Figures

CVR number: 31586690
Lundagervej 112, 8723 Løsning
tel: 74688000

Company information

Official name
PROVAG ApS
Personnel
4 persons
Established
2008
Company form
Private limited company
Industry

About PROVAG ApS

PROVAG ApS (CVR number: 31586690) is a company from HEDENSTED. The company recorded a gross profit of 3438.5 kDKK in 2024. The operating profit was 1558.7 kDKK, while net earnings were 1167.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.3 %, which can be considered excellent and Return on Equity (ROE) was 43.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.5 %, 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. PROVAG ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 274.211 893.572 030.383 186.683 438.47
EBIT800.92239.12365.101 432.261 558.72
Net earnings567.28127.40186.101 021.291 167.89
Shareholders equity total1 080.031 027.431 213.532 234.823 102.70
Balance sheet total (assets)4 446.554 344.124 951.336 664.196 142.40
Net debt1 215.441 141.091 884.041 478.85955.80
Profitability
EBIT-%
ROA19.9 %5.4 %7.9 %24.7 %24.3 %
ROE71.2 %12.1 %16.6 %59.2 %43.8 %
ROI38.9 %10.6 %13.9 %41.8 %39.8 %
Economic value added (EVA)532.3069.40175.27960.231 026.28
Solvency
Equity ratio24.3 %23.7 %24.5 %33.5 %50.5 %
Gearing112.6 %111.2 %155.3 %66.2 %30.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.30.50.6
Current ratio1.31.31.31.52.0
Cash and cash equivalents1.001.001.001.001.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:24.3%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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