PROMENADEBYEN I ApS — Credit Rating and Financial Key Figures

PROMENADEBYEN I ApS (CVR number: 35252924) is a company from ODENSE. The company recorded a gross profit of 1588.1 kDKK in 2023. The operating profit was -911.9 kDKK, while net earnings were -2026.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -20.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. PROMENADEBYEN I ApS's liquidity measured by quick ratio was 11.6 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.