PASSON SOLUTIONS ApS — Credit Rating and Financial Key Figures

CVR number: 29402906
Prinsesse Maries Alle 17, 1908 Frederiksberg C
tel: 96606810
Free credit report Annual report

Company information

Official name
PASSON SOLUTIONS ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About PASSON SOLUTIONS ApS

PASSON SOLUTIONS ApS (CVR number: 29402906) is a company from FREDERIKSBERG. The company recorded a gross profit of -200.2 kDKK in 2024. The operating profit was -200.2 kDKK, while net earnings were -195.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.5 %, which can be considered poor and Return on Equity (ROE) was -18.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PASSON SOLUTIONS ApS's liquidity measured by quick ratio was 11.9 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 profit584.93548.87197.36121.72- 200.23
EBIT62.2314.64197.36121.72- 200.23
Net earnings42.050.78146.0289.31- 195.57
Shareholders equity total904.40905.181 051.201 140.51944.94
Balance sheet total (assets)1 605.251 201.491 171.031 322.121 031.62
Net debt- 801.95-1 003.20- 969.86-1 223.42- 812.25
Profitability
EBIT-%
ROA4.3 %1.0 %16.6 %10.0 %-16.5 %
ROE4.8 %0.1 %14.9 %8.2 %-18.8 %
ROI6.9 %1.6 %20.1 %11.4 %-18.6 %
Economic value added (EVA)3.87-30.95107.6940.83- 257.55
Solvency
Equity ratio56.3 %75.3 %89.8 %86.3 %91.6 %
Gearing0.3 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.55.39.87.311.9
Current ratio2.55.39.87.311.9
Cash and cash equivalents804.801 006.90969.861 223.42812.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-16.5%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.6%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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