ABSOLUTE PROMOTION ApS — Credit Rating and Financial Key Figures

CVR number: 35531335
Skelstedet 2 A, Trørød 2950 Vedbæk
hk@absolute-promotion.dk
tel: 40295428

Credit rating

Company information

Official name
ABSOLUTE PROMOTION ApS
Established
2013
Domicile
Trørød
Company form
Private limited company
Industry
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About ABSOLUTE PROMOTION ApS

ABSOLUTE PROMOTION ApS (CVR number: 35531335) is a company from RUDERSDAL. The company recorded a gross profit of 61.1 kDKK in 2023. The operating profit was 49.4 kDKK, while net earnings were 49.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.6 %, 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 4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit6.0378.2767.06-80.6561.12
EBIT-3.5258.7951.67-96.7449.43
Net earnings-9.4338.6938.82-98.2849.83
Shareholders equity total448.99487.68526.50428.22478.05
Balance sheet total (assets)691.00928.00668.48557.19608.30
Net debt- 245.41- 399.90- 199.60-78.79- 256.61
Profitability
EBIT-%
ROA-0.5 %7.3 %6.9 %-15.7 %8.5 %
ROE-2.1 %8.3 %7.7 %-20.6 %11.0 %
ROI-0.8 %12.6 %10.9 %-20.2 %11.0 %
Economic value added (EVA)-11.5432.7233.60- 113.4231.90
Solvency
Equity ratio65.0 %52.6 %78.8 %76.9 %78.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.51.94.13.64.0
Current ratio2.92.14.74.34.7
Cash and cash equivalents245.41399.90199.6078.79256.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:8.55%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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