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A. L. Passagen ApS — Credit Rating and Financial Key Figures

CVR number: 40440844
Birkedam 10, Harte 6000 Kolding
Free credit report Annual report

Credit rating

Company information

Official name
A. L. Passagen ApS
Established
2019
Domicile
Harte
Company form
Private limited company
Industry

About A. L. Passagen ApS

A. L. Passagen ApS (CVR number: 40440844) is a company from KOLDING. The company recorded a gross profit of 972.2 kDKK in 2025. The operating profit was 23.9 kDKK, while net earnings were -878.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -6.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.7 %, 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. A. L. Passagen ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit1 747.362 058.282 343.391 907.71972.17
EBIT7 081.76-3 319.741 498.15- 309.9523.92
Net earnings5 205.59-3 089.47199.73-1 250.82- 878.47
Shareholders equity total18 280.1015 190.6315 390.3714 139.5513 261.07
Balance sheet total (assets)62 233.3860 139.3958 950.3456 968.0656 037.45
Net debt41 025.4942 626.0340 642.4940 137.6540 351.38
Profitability
EBIT-%
ROA12.5 %-5.4 %2.5 %-0.5 %0.0 %
ROE33.2 %-18.5 %1.3 %-8.5 %-6.4 %
ROI12.8 %-5.5 %2.6 %-0.5 %0.0 %
Economic value added (EVA)3 058.71-5 666.27-1 768.88-3 135.74-2 776.80
Solvency
Equity ratio29.4 %25.3 %26.1 %24.8 %23.7 %
Gearing224.9 %282.4 %265.5 %285.5 %305.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.00.10.1
Current ratio0.10.00.00.10.1
Cash and cash equivalents81.96268.30211.71226.71130.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:0.04%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:23.7%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
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