ASSENS FORSYNING A/S — Credit Rating and Financial Key Figures
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 187.1 mDKK in 2024, demonstrating a growth of 11.8 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 8.1 mDKK), while net earnings were -7770 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.2 %, 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. ASSENS FORSYNING A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 158.96 | 167.32 | 160.72 | 167.37 | 187.15 |
Gross profit | 84.68 | 90.96 | 89.79 | 78.41 | 87.47 |
EBIT | 24.84 | 28.14 | 13.71 | -1.73 | 8.12 |
Net earnings | 18.06 | 16.07 | 3.71 | -16.94 | -7.77 |
Shareholders equity total | 1 309.06 | 1 325.50 | 1 330.33 | 1 313.19 | 1 305.34 |
Balance sheet total (assets) | 1 856.80 | 2 022.35 | 2 155.70 | 2 197.86 | 2 206.28 |
Net debt | 768.23 | 792.39 | |||
Profitability | |||||
EBIT-% | 15.6 % | 16.8 % | 8.5 % | -1.0 % | 4.3 % |
ROA | 1.4 % | 1.5 % | 0.7 % | -0.1 % | 0.4 % |
ROE | 1.4 % | 1.2 % | 0.3 % | -1.3 % | -0.6 % |
ROI | 1.4 % | 1.5 % | 0.7 % | -0.1 % | 0.4 % |
Economic value added (EVA) | -40.03 | -37.64 | -52.90 | -68.61 | -97.01 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 59.7 % | 59.2 % |
Gearing | 59.2 % | 61.5 % | |||
Relative net indebtedness % | 522.2 % | 475.1 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 1.3 | |||
Current ratio | 0.5 | 1.3 | |||
Cash and cash equivalents | 8.89 | 9.98 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 121.1 | 119.2 | |||
Net working capital % | -50.7 % | 12.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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