Prove it ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
Prove it ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Prove it ApS

Prove it ApS (CVR number: 39997045) is a company from HORSENS. The company recorded a gross profit of 50.6 kDKK in 2024. The operating profit was 33.5 kDKK, while net earnings were 35 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.4 %, which can be considered excellent and Return on Equity (ROE) was 105.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -49.5 %. 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 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit252.345.08-1.9623.1850.61
EBIT84.78-85.55-43.16-18.0233.47
Net earnings51.65-86.64-53.48-25.4635.00
Shareholders equity total109.0422.40-31.08-56.54-21.54
Balance sheet total (assets)193.90115.8866.9044.2221.96
Net debt-25.49-12.6341.2482.049.78
Profitability
EBIT-%
ROA49.0 %-55.2 %-40.4 %-18.1 %46.4 %
ROE62.1 %-131.8 %-119.8 %-45.8 %105.8 %
ROI93.4 %-116.1 %-113.7 %-27.3 %69.7 %
Economic value added (EVA)58.86-91.43-44.69-18.7436.62
Solvency
Equity ratio56.2 %19.3 %-31.7 %-56.1 %-49.5 %
Gearing3.4 %16.6 %-132.7 %-145.1 %-45.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.20.21.30.5
Current ratio0.70.20.21.30.5
Cash and cash equivalents29.2116.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:46.4%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-49.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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