Passcon ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Passcon ApS
Passcon ApS (CVR number: 39363178) is a company from GENTOFTE. The company recorded a gross profit of -335.6 kDKK in 2024. The operating profit was -335.6 kDKK, while net earnings were -513.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -20.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Passcon ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 667.37 | ||||
Gross profit | - 803.81 | -47.63 | -74.03 | - 230.91 | - 335.56 |
EBIT | - 803.81 | -47.63 | -74.03 | - 230.91 | - 335.56 |
Net earnings | - 615.20 | -63.00 | -81.90 | - 233.52 | - 513.28 |
Shareholders equity total | - 216.13 | - 279.13 | - 361.03 | - 594.55 | -1 107.84 |
Balance sheet total (assets) | 437.24 | 263.45 | 296.58 | 3 420.04 | 1 685.63 |
Net debt | -99.76 | -7.19 | 630.66 | 1 816.87 | 2 158.95 |
Profitability | |||||
EBIT-% | -30.1 % | ||||
ROA | -136.2 % | -8.0 % | -12.3 % | -9.9 % | -9.4 % |
ROE | -147.1 % | -18.0 % | -29.2 % | -12.6 % | -20.1 % |
ROI | -390.6 % | -23.0 % | -11.2 % | -10.3 % | |
Economic value added (EVA) | - 647.02 | -37.87 | -60.00 | - 245.18 | - 382.54 |
Solvency | |||||
Equity ratio | -33.1 % | -51.4 % | -54.9 % | -14.8 % | -39.7 % |
Gearing | -178.7 % | -583.0 % | -248.6 % | ||
Relative net indebtedness % | 20.8 % | ||||
Liquidity | |||||
Quick ratio | 0.7 | 0.5 | 0.5 | 0.9 | 0.6 |
Current ratio | 0.7 | 0.5 | 0.5 | 0.9 | 0.6 |
Cash and cash equivalents | 99.76 | 7.19 | 14.33 | 1 649.30 | 595.19 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -8.1 % | ||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
Variable visualization
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.