APASSION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About APASSION ApS
APASSION ApS (CVR number: 30072103) is a company from VIBORG. The company recorded a gross profit of 883.5 kDKK in 2024. The operating profit was -81.5 kDKK, while net earnings were -44.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak but Return on Equity (ROE) was -2.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. APASSION ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 433.34 | 1 044.46 | 1 347.80 | 1 670.39 | 883.54 |
EBIT | 732.18 | 340.24 | 476.72 | 703.86 | -81.47 |
Net earnings | 624.27 | 491.15 | 237.51 | 518.79 | -44.81 |
Shareholders equity total | 1 196.91 | 1 488.07 | 1 525.58 | 1 844.37 | 1 599.56 |
Balance sheet total (assets) | 3 069.51 | 3 262.44 | 3 780.50 | 5 538.19 | 3 406.01 |
Net debt | 694.94 | 853.00 | 678.61 | 2 546.69 | 342.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 30.6 % | 22.1 % | 13.8 % | 16.4 % | 2.8 % |
ROE | 63.4 % | 36.6 % | 15.8 % | 30.8 % | -2.6 % |
ROI | 49.8 % | 28.8 % | 17.4 % | 19.3 % | 3.4 % |
Economic value added (EVA) | 521.08 | 143.11 | 229.15 | 385.86 | - 307.50 |
Solvency | |||||
Equity ratio | 39.0 % | 45.6 % | 40.4 % | 33.3 % | 47.0 % |
Gearing | 101.5 % | 64.0 % | 107.1 % | 157.9 % | 67.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.7 | 2.9 | 1.0 | 2.0 |
Current ratio | 1.8 | 1.9 | 5.2 | 2.7 | 4.2 |
Cash and cash equivalents | 520.36 | 99.72 | 954.79 | 365.33 | 736.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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