Passat Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Passat Invest ApS
Passat Invest ApS (CVR number: 29193037) is a company from REBILD. The company recorded a gross profit of -1502 kDKK in 2024. The operating profit was -1874.3 kDKK, while net earnings were -6345.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -8.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Passat Invest ApS's liquidity measured by quick ratio was 8.5 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 | 1 129.94 | 655.46 | |||
Gross profit | 1 129.94 | 7 008.53 | 1 228.58 | 1 309.95 | -1 502.04 |
EBIT | 1 129.94 | 7 008.53 | 723.95 | - 768.85 | -1 874.25 |
Net earnings | 9 137.74 | 5 463.03 | 2 658.52 | -21 184.35 | -6 345.16 |
Shareholders equity total | 15 299.82 | 20 762.85 | 99 436.31 | 78 251.97 | 71 906.80 |
Balance sheet total (assets) | 99 174.35 | 125 525.70 | 208 657.65 | 193 188.24 | 190 636.05 |
Net debt | 75 467.09 | 99 211.44 | 105 988.81 | 110 933.24 | 111 080.54 |
Profitability | |||||
EBIT-% | 100.0 % | 1069.3 % | |||
ROA | 12.9 % | 11.9 % | 4.9 % | -7.7 % | -0.8 % |
ROE | 85.2 % | 30.3 % | 4.4 % | -23.8 % | -8.5 % |
ROI | 13.0 % | 12.0 % | 4.9 % | -7.7 % | -0.8 % |
Economic value added (EVA) | -3 305.79 | 23.17 | -5 522.43 | -11 171.24 | -11 336.91 |
Solvency | |||||
Equity ratio | 90.9 % | 84.4 % | 47.7 % | 40.5 % | 37.7 % |
Gearing | 519.0 % | 485.1 % | 108.4 % | 145.3 % | 162.0 % |
Relative net indebtedness % | 6678.8 % | 15229.4 % | |||
Liquidity | |||||
Quick ratio | 0.1 | 0.2 | 8.5 | ||
Current ratio | 0.1 | 0.2 | 8.5 | ||
Cash and cash equivalents | 3 936.37 | 1 514.52 | 1 757.39 | 2 789.88 | 5 415.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 818.8 % | 2115.5 % | |||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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