Passat Invest ApS — Credit Rating and Financial Key Figures

CVR number: 29193037
Neptunvej 14, 9530 Støvring
koch@rabit.dk
tel: 98163850

Credit rating

Company information

Official name
Passat Invest ApS
Personnel
1 person
Established
2005
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 129.94655.46
Gross profit1 129.947 008.531 228.581 309.95-1 502.04
EBIT1 129.947 008.53723.95- 768.85-1 874.25
Net earnings9 137.745 463.032 658.52-21 184.35-6 345.16
Shareholders equity total15 299.8220 762.8599 436.3178 251.9771 906.80
Balance sheet total (assets)99 174.35125 525.70208 657.65193 188.24190 636.05
Net debt75 467.0999 211.44105 988.81110 933.24111 080.54
Profitability
EBIT-%100.0 %1069.3 %
ROA12.9 %11.9 %4.9 %-7.7 %-0.8 %
ROE85.2 %30.3 %4.4 %-23.8 %-8.5 %
ROI13.0 %12.0 %4.9 %-7.7 %-0.8 %
Economic value added (EVA)-3 305.7923.17-5 522.43-11 171.24-11 336.91
Solvency
Equity ratio90.9 %84.4 %47.7 %40.5 %37.7 %
Gearing519.0 %485.1 %108.4 %145.3 %162.0 %
Relative net indebtedness %6678.8 %15229.4 %
Liquidity
Quick ratio0.10.28.5
Current ratio0.10.28.5
Cash and cash equivalents3 936.371 514.521 757.392 789.885 415.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %818.8 %2115.5 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-0.80%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:37.7%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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