Asgaard Properties ApS — Credit Rating and Financial Key Figures

CVR number: 10156165
Industrivej 25-27, 3300 Frederiksværk
tel: 47760230

Company information

Official name
Asgaard Properties ApS
Established
2003
Company form
Private limited company
Industry

About Asgaard Properties ApS

Asgaard Properties ApS (CVR number: 10156165) is a company from HALSNÆS. The company recorded a gross profit of 1922.8 kDKK in 2024. The operating profit was 1451 kDKK, while net earnings were 722.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. Asgaard Properties ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit456.85449.62118.552 016.691 922.77
EBIT33.46-57.77-8.291 504.871 450.98
Net earnings- 159.64- 244.92-72.56738.05722.13
Shareholders equity total5 925.698 956.778 618.129 356.178 396.49
Balance sheet total (assets)18 958.5923 145.0722 144.5621 855.7819 945.00
Net debt10 442.8910 602.1110 763.588 881.937 834.39
Profitability
EBIT-%
ROA0.4 %-0.2 %-0.0 %6.8 %7.0 %
ROE-2.5 %-3.3 %-0.8 %8.2 %8.1 %
ROI0.4 %-0.2 %-0.0 %6.8 %7.1 %
Economic value added (EVA)-1 027.90- 980.74-1 145.4943.6142.27
Solvency
Equity ratio31.3 %38.7 %38.9 %42.8 %42.1 %
Gearing176.3 %118.4 %125.7 %96.2 %97.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.20.30.9
Current ratio0.20.40.20.30.9
Cash and cash equivalents3.6565.63119.94384.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:6.99%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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