PROMOTION BAG ApS — Credit Rating and Financial Key Figures

CVR number: 30359305
Ragnagade 7, 2100 København Ø
info@promotionbag.dk
tel: 70258535

Credit rating

Company information

Official name
PROMOTION BAG ApS
Personnel
5 persons
Established
2007
Company form
Private limited company
Industry
  • Expand more icon468600

About PROMOTION BAG ApS

PROMOTION BAG ApS (CVR number: 30359305) is a company from KØBENHAVN. The company recorded a gross profit of 3825.2 kDKK in 2024. The operating profit was 1366.1 kDKK, while net earnings were 1432.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.2 %, which can be considered excellent and Return on Equity (ROE) was 49.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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. PROMOTION BAG ApS's liquidity measured by quick ratio was 1.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 780.163 126.872 993.353 123.563 825.22
EBIT908.001 167.31485.51606.281 366.10
Net earnings569.13768.45254.78394.601 432.07
Shareholders equity total2 509.783 278.232 764.562 909.162 841.23
Balance sheet total (assets)10 545.7610 932.449 511.238 263.509 550.37
Net debt2 128.951 899.711 491.291 265.75736.26
Profitability
EBIT-%
ROA9.4 %11.0 %5.2 %7.3 %23.2 %
ROE21.9 %26.6 %8.4 %13.9 %49.8 %
ROI12.1 %14.4 %6.6 %9.1 %29.7 %
Economic value added (EVA)503.57763.12189.64319.39871.36
Solvency
Equity ratio25.8 %30.5 %29.1 %35.2 %29.7 %
Gearing210.6 %153.0 %177.3 %122.4 %160.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.41.71.2
Current ratio1.21.51.41.71.2
Cash and cash equivalents3 155.393 117.353 411.612 293.893 832.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:23.2%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.7%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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