PicoVantix Aps — Credit Rating and Financial Key Figures

PicoVantix Aps (CVR number: 37060658) is a company from GLOSTRUP. The company reported a net sales of 0.1 mDKK in 2023. The operating profit percentage was at 100 % (EBIT: 0.1 mDKK), while net earnings were 80 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40 %, which can be considered excellent and Return on Equity (ROE) was 111.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -44.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PicoVantix 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.