PROMOVENTUS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About PROMOVENTUS ApS
PROMOVENTUS ApS (CVR number: 25820134) is a company from AARHUS. The company recorded a gross profit of -24.4 kDKK in 2023. The operating profit was -24.4 kDKK, while net earnings were 243.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -24.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. PROMOVENTUS ApS's liquidity measured by quick ratio was 4.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -23.73 | -25.08 | -30.43 | -27.13 | -24.37 |
EBIT | -23.73 | -25.08 | -30.43 | -27.13 | -24.37 |
Net earnings | 504.57 | 126.43 | -36.95 | - 157.02 | 243.43 |
Shareholders equity total | - 579.13 | - 452.70 | - 489.66 | - 646.67 | - 403.25 |
Balance sheet total (assets) | 1 050.67 | 1 134.68 | 1 116.79 | 961.71 | 1 229.16 |
Net debt | 1 488.77 | 1 525.98 | 1 589.43 | 1 552.77 | 1 614.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 35.9 % | 11.5 % | 1.0 % | -9.1 % | 14.7 % |
ROE | 63.5 % | 11.6 % | -3.3 % | -15.1 % | 22.2 % |
ROI | 37.6 % | 12.2 % | 1.0 % | -9.3 % | 15.0 % |
Economic value added (EVA) | 51.87 | 44.54 | 50.37 | 81.15 | 78.46 |
Solvency | |||||
Equity ratio | -35.5 % | -28.5 % | -30.5 % | -40.2 % | -24.7 % |
Gearing | -257.1 % | -338.2 % | -325.0 % | -240.5 % | -401.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 5.7 | 16.3 | 4.5 | 4.6 |
Current ratio | 2.4 | 5.7 | 16.3 | 4.5 | 4.6 |
Cash and cash equivalents | 0.20 | 4.94 | 2.01 | 2.36 | 2.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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