Prove it ApS — Credit Rating and Financial Key Figures

CVR number: 39997045
Rypelyngen 37, 8700 Horsens
tel: 28156740

Credit rating

Company information

Official name
Prove it ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry
  • Expand more icon74Other professional, scientific and technical activities

About Prove it ApS

Prove it ApS (CVR number: 39997045) is a company from HORSENS. The company recorded a gross profit of 23.2 kDKK in 2023. The operating profit was -18 kDKK, while net earnings were -25.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.1 %, which can be considered poor and Return on Equity (ROE) was -45.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -56.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Prove it ApS's liquidity measured by quick ratio was 1.3 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 profit431.14252.345.08-1.9623.18
EBIT17.0284.78-85.55-43.16-18.02
Net earnings7.3951.65-86.64-53.48-25.46
Shareholders equity total57.39109.0422.40-31.08-56.54
Balance sheet total (assets)152.21193.90115.8866.9044.22
Net debt-4.78-25.49-12.6341.2482.04
Profitability
EBIT-%
ROA11.2 %49.0 %-55.2 %-40.4 %-18.1 %
ROE12.9 %62.1 %-131.8 %-119.8 %-45.8 %
ROI26.4 %93.4 %-116.1 %-113.7 %-27.3 %
Economic value added (EVA)11.7459.64-89.56-43.46-18.34
Solvency
Equity ratio37.7 %56.2 %19.3 %-31.7 %-56.1 %
Gearing6.5 %3.4 %16.6 %-132.7 %-145.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.70.20.21.3
Current ratio0.10.70.20.21.3
Cash and cash equivalents8.5029.2116.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-18.1%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-56.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2025-02-10T13:59:06.172Z

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

... and more!

No registration needed.