PROMOTING LIFE ApS — Credit Rating and Financial Key Figures

CVR number: 27375235
Søvangen 11, Snæbum 9500 Hobro
post@promotinglife.no
tel: 98548338

Company information

Official name
PROMOTING LIFE ApS
Established
2003
Domicile
Snæbum
Company form
Private limited company
Industry

About PROMOTING LIFE ApS

PROMOTING LIFE ApS (CVR number: 27375235) is a company from MARIAGERFJORD. The company recorded a gross profit of 7.2 kDKK in 2023. The operating profit was -345.7 kDKK, while net earnings were -398.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -89.6 %, which can be considered poor and Return on Equity (ROE) was -160.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. PROMOTING LIFE ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit434.46-71.56- 131.1327.097.25
EBIT434.46-71.56- 131.1327.09- 345.74
Net earnings428.95-72.03- 124.3442.92- 398.75
Shareholders equity total600.87528.84404.50447.4248.67
Balance sheet total (assets)617.96581.56416.50459.42256.27
Net debt2.87- 190.34-37.18-18.484.11
Profitability
EBIT-%
ROA65.8 %-11.9 %-24.7 %9.8 %-89.6 %
ROE80.0 %-12.8 %-26.6 %10.1 %-160.8 %
ROI80.8 %-12.2 %-25.3 %10.1 %-144.8 %
Economic value added (EVA)411.11- 101.76- 146.098.64- 367.29
Solvency
Equity ratio97.2 %90.9 %97.1 %97.4 %19.0 %
Gearing0.5 %7.7 %13.4 %
Relative net indebtedness %
Liquidity
Quick ratio36.210.231.338.31.2
Current ratio36.210.231.338.31.2
Cash and cash equivalents231.0537.1818.482.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-89.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.0%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.