Passion Projects ApS — Credit Rating and Financial Key Figures

Passion Projects ApS (CVR number: 40151621) is a company from LEJRE. The company recorded a gross profit of -5.2 kDKK in 2023. The operating profit was -5.2 kDKK, while net earnings were 139.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 57.3 %, which can be considered excellent and Return on Equity (ROE) was 94.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. Passion Projects ApS's liquidity measured by quick ratio was 3 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.