POWERGARNET ApS — Credit Rating and Financial Key Figures

POWERGARNET ApS (CVR number: 27200478) is a company from HORSENS. The company recorded a gross profit of 15.4 kDKK in 2023. The operating profit was -125.8 kDKK, while net earnings were -111.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. POWERGARNET ApS's liquidity measured by quick ratio was 2.6 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.