Passim ApS — Credit Rating and Financial Key Figures

CVR number: 40634460
Vesterbrogade 26, 1620 København V
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Company information

Official name
Passim ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Passim ApS

Passim ApS (CVR number: 40634460) is a company from KØBENHAVN. The company recorded a gross profit of 373.5 kDKK in 2024. The operating profit was -167.1 kDKK, while net earnings were -139.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.8 %, which can be considered poor and Return on Equity (ROE) was -32.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Passim ApS's liquidity measured by quick ratio was 4.5 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 sales
Gross profit1 025.66532.49783.83979.47373.48
EBIT384.5713.69149.33307.11- 167.07
Net earnings296.678.94114.19239.47- 139.62
Shareholders equity total336.66289.10346.09526.67326.04
Balance sheet total (assets)533.28437.49512.15701.78412.46
Net debt- 342.87- 236.01- 303.65- 346.71- 323.50
Profitability
EBIT-%
ROA72.1 %2.8 %31.4 %51.4 %-24.8 %
ROE88.1 %2.9 %36.0 %54.9 %-32.7 %
ROI114.2 %4.4 %47.0 %71.5 %-32.4 %
Economic value added (EVA)299.69-6.22101.88222.04- 190.19
Solvency
Equity ratio63.1 %66.1 %67.6 %75.0 %79.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.52.42.63.74.5
Current ratio2.52.42.63.74.5
Cash and cash equivalents342.87236.01303.65346.71323.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-24.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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