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 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

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

... and more!

No registration needed.