POVItech ApS — Credit Rating and Financial Key Figures

POVItech ApS (CVR number: 40566953) is a company from VIBORG. The company recorded a gross profit of 193.2 kDKK in 2021. The operating profit was 2 kDKK, while net earnings were 1.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 49.3 %, 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. POVItech ApS's liquidity measured by quick ratio was 2 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.