AASTED ApS

CVR number: 10422345
Bygmarken 7-17, 3520 Farum
tel: 44348080

Credit rating

Company information

Official name
AASTED ApS
Personnel
541 persons
Established
1986
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About the company

AASTED ApS (CVR number: 10422345) is a company from FURESØ. The company reported a net sales of 783.5 mDKK in 2023, demonstrating a growth of 35.9 % compared to the previous year. The operating profit percentage was at 8.1 % (EBIT: 63.7 mDKK), while net earnings were 52.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 37.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54 %, 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. AASTED ApS's liquidity measured by quick ratio was 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 sales589.46571.46501.10576.72783.49
Gross profit184.27171.93146.18153.09204.60
EBIT184.27171.93146.1834.5663.68
Net earnings29.2536.3022.5322.0052.34
Shareholders equity total75.95112.25122.78124.78157.12
Balance sheet total (assets)298.69306.35318.76397.71636.06
Net debt-99.61- 122.82
Profitability
EBIT-%31.3 %30.1 %29.2 %6.0 %8.1 %
ROA60.7 %56.8 %46.8 %9.7 %13.5 %
ROE47.7 %38.6 %19.2 %17.8 %37.1 %
ROI79.8 %56.8 %46.8 %10.2 %15.0 %
Economic value added (EVA)182.40168.11140.5420.1549.20
Solvency
Equity ratio100.0 %100.0 %100.0 %63.8 %54.0 %
Gearing2.7 %
Relative net indebtedness %-9.4 %-3.9 %
Liquidity
Quick ratio11.79.0
Current ratio11.910.5
Cash and cash equivalents99.61127.10
Capital use efficiency
Trade debtors turnover (days)27.938.6
Net working capital %55.4 %63.5 %
Credit risk
Credit ratingBBBBAA

Variable visualization

ROA:13.5%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Chief executive officer
Chief executive officer
Board member
Chief executive officer

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