ASSENS FORSYNING A/S

CVR number: 32285724
Forsyningsparken 2, 5610 Assens

Credit rating

Company information

Official name
ASSENS FORSYNING A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About ASSENS FORSYNING A/S

ASSENS FORSYNING A/S (CVR number: 32285724K) is a company from ASSENS. The company reported a net sales of 167.4 mDKK in 2023, demonstrating a growth of 4.1 % compared to the previous year. The operating profit percentage was poor at -1 % (EBIT: -1.7 mDKK), while net earnings were -16.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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. ASSENS FORSYNING A/S's liquidity measured by quick ratio was 21.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales154.06158.96167.32160.72167.37
Gross profit82.3584.6890.9689.7978.41
EBIT30.4124.8428.1413.71-1.73
Net earnings17.8418.0616.073.71-16.94
Shareholders equity total1 291.051 309.061 325.501 330.331 313.19
Balance sheet total (assets)1 665.931 856.802 022.352 155.702 197.86
Net debt719.53768.23
Profitability
EBIT-%19.7 %15.6 %16.8 %8.5 %-1.0 %
ROA1.9 %1.4 %1.5 %0.7 %-0.1 %
ROE1.4 %1.4 %1.2 %0.3 %-1.3 %
ROI1.9 %1.4 %1.5 %0.7 %-0.1 %
Economic value added (EVA)-41.40-40.03-37.64-57.61-96.47
Solvency
Equity ratio100.0 %100.0 %100.0 %64.1 %64.7 %
Gearing54.8 %59.2 %
Relative net indebtedness %456.0 %420.8 %
Liquidity
Quick ratio0.721.9
Current ratio0.721.9
Cash and cash equivalents9.238.89
Capital use efficiency
Trade debtors turnover (days)122.4121.1
Net working capital %-19.8 %50.7 %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:-0.06%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.7%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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