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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit78.2767.06-80.6561.12-91.01
EBIT58.7951.67-96.7449.43-91.07
Net earnings38.6938.82-98.2849.83-93.29
Shareholders equity total487.68526.50428.22478.05384.76
Balance sheet total (assets)928.00668.48557.19608.30556.87
Net debt- 399.90- 199.60-78.79- 256.61-78.38
Profitability
EBIT-%
ROA7.3 %6.9 %-15.7 %8.5 %-15.6 %
ROE8.3 %7.7 %-20.6 %11.0 %-21.6 %
ROI12.6 %10.9 %-20.2 %11.0 %-21.1 %
Economic value added (EVA)32.7233.60- 113.4231.90- 102.06
Solvency
Equity ratio52.6 %78.8 %76.9 %78.6 %69.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.94.13.64.02.7
Current ratio2.14.74.34.73.2
Cash and cash equivalents399.90199.6078.79256.6178.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-15.6%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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