ABSOLUTE PROMOTION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABSOLUTE PROMOTION ApS
ABSOLUTE PROMOTION ApS (CVR number: 35531335) is a company from RUDERSDAL. The company recorded a gross profit of -91 kDKK in 2024. The operating profit was -91.1 kDKK, while net earnings were -93.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.6 %, which can be considered poor and Return on Equity (ROE) was -21.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ABSOLUTE PROMOTION ApS's liquidity measured by quick ratio was 2.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 78.27 | 67.06 | -80.65 | 61.12 | -91.01 |
EBIT | 58.79 | 51.67 | -96.74 | 49.43 | -91.07 |
Net earnings | 38.69 | 38.82 | -98.28 | 49.83 | -93.29 |
Shareholders equity total | 487.68 | 526.50 | 428.22 | 478.05 | 384.76 |
Balance sheet total (assets) | 928.00 | 668.48 | 557.19 | 608.30 | 556.87 |
Net debt | - 399.90 | - 199.60 | -78.79 | - 256.61 | -78.38 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.3 % | 6.9 % | -15.7 % | 8.5 % | -15.6 % |
ROE | 8.3 % | 7.7 % | -20.6 % | 11.0 % | -21.6 % |
ROI | 12.6 % | 10.9 % | -20.2 % | 11.0 % | -21.1 % |
Economic value added (EVA) | 32.72 | 33.60 | - 113.42 | 31.90 | - 102.06 |
Solvency | |||||
Equity ratio | 52.6 % | 78.8 % | 76.9 % | 78.6 % | 69.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 4.1 | 3.6 | 4.0 | 2.7 |
Current ratio | 2.1 | 4.7 | 4.3 | 4.7 | 3.2 |
Cash and cash equivalents | 399.90 | 199.60 | 78.79 | 256.61 | 78.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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