Passion First Business ApS — Credit Rating and Financial Key Figures

CVR number: 43387480
Amagerfælledvej 118, 2300 København S
Free credit report Annual report

Company information

Official name
Passion First Business ApS
Established
2022
Company form
Private limited company
Industry

About Passion First Business ApS

Passion First Business ApS (CVR number: 43387480) is a company from KØBENHAVN. The company recorded a gross profit of 38.5 kDKK in 2024. The operating profit was 38.5 kDKK, while net earnings were 29.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.2 %, which can be considered excellent and Return on Equity (ROE) was 62.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Passion First Business ApS's liquidity measured by quick ratio was 1.9 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
2023
2024
Volume
Net sales
Gross profit-10.5038.46
EBIT-10.5038.46
Net earnings-8.0729.09
Shareholders equity total31.9361.03
Balance sheet total (assets)49.52125.87
Net debt-47.25- 119.38
Profitability
EBIT-%
ROA-20.9 %44.2 %
ROE-25.3 %62.6 %
ROI-32.4 %83.5 %
Economic value added (EVA)-8.1928.11
Solvency
Equity ratio64.5 %48.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.81.9
Current ratio2.81.9
Cash and cash equivalents47.25119.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:44.2%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.5%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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