ASSENS FORSYNING A/S
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 154.06 | 158.96 | 167.32 | 160.72 | 167.37 |
Gross profit | 82.35 | 84.68 | 90.96 | 89.79 | 78.41 |
EBIT | 30.41 | 24.84 | 28.14 | 13.71 | -1.73 |
Net earnings | 17.84 | 18.06 | 16.07 | 3.71 | -16.94 |
Shareholders equity total | 1 291.05 | 1 309.06 | 1 325.50 | 1 330.33 | 1 313.19 |
Balance sheet total (assets) | 1 665.93 | 1 856.80 | 2 022.35 | 2 155.70 | 2 197.86 |
Net debt | 719.53 | 768.23 | |||
Profitability | |||||
EBIT-% | 19.7 % | 15.6 % | 16.8 % | 8.5 % | -1.0 % |
ROA | 1.9 % | 1.4 % | 1.5 % | 0.7 % | -0.1 % |
ROE | 1.4 % | 1.4 % | 1.2 % | 0.3 % | -1.3 % |
ROI | 1.9 % | 1.4 % | 1.5 % | 0.7 % | -0.1 % |
Economic value added (EVA) | -41.40 | -40.03 | -37.64 | -57.61 | -96.47 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 64.1 % | 64.7 % |
Gearing | 54.8 % | 59.2 % | |||
Relative net indebtedness % | 456.0 % | 420.8 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 21.9 | |||
Current ratio | 0.7 | 21.9 | |||
Cash and cash equivalents | 9.23 | 8.89 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 122.4 | 121.1 | |||
Net working capital % | -19.8 % | 50.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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