Passion Performance ApS — Credit Rating and Financial Key Figures

Passion Performance ApS (CVR number: 40097023) is a company from KØBENHAVN. The company recorded a gross profit of 464.5 kDKK in 2023. The operating profit was 130.8 kDKK, while net earnings were 97.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 118.6 %, which can be considered excellent and Return on Equity (ROE) was 210.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -28.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Passion Performance ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.