AASTED ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AASTED ApS
AASTED ApS (CVR number: 10422345) is a company from FURESØ. The company reported a net sales of 1087.2 mDKK in 2024, demonstrating a growth of 38.8 % compared to the previous year. The operating profit percentage was at 10.1 % (EBIT: 109.5 mDKK), while net earnings were 92.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 50.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AASTED ApS's liquidity measured by quick ratio was 1.1 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 | 571.46 | 501.10 | 576.72 | 783.49 | 1 087.19 |
Gross profit | 171.93 | 146.18 | 153.09 | 204.60 | 270.63 |
EBIT | 171.93 | 146.18 | 153.09 | 63.68 | 109.47 |
Net earnings | 36.30 | 22.53 | 22.00 | 52.34 | 92.66 |
Shareholders equity total | 112.25 | 122.78 | 124.78 | 157.12 | 209.78 |
Balance sheet total (assets) | 306.35 | 318.76 | 397.71 | 636.06 | 639.68 |
Net debt | - 122.82 | -55.43 | |||
Profitability | |||||
EBIT-% | 30.1 % | 29.2 % | 26.5 % | 8.1 % | 10.1 % |
ROA | 56.8 % | 46.8 % | 42.7 % | 13.5 % | 19.0 % |
ROE | 38.6 % | 19.2 % | 17.8 % | 37.1 % | 50.5 % |
ROI | 56.8 % | 46.8 % | 42.7 % | 23.1 % | 50.0 % |
Economic value added (EVA) | 168.11 | 140.54 | 146.92 | 43.11 | 85.69 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 25.0 % | 33.2 % |
Gearing | 2.7 % | 0.7 % | |||
Relative net indebtedness % | 39.0 % | 28.3 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | |||
Current ratio | 1.4 | 1.6 | |||
Cash and cash equivalents | 127.10 | 56.89 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.6 | 34.2 | |||
Net working capital % | 20.5 % | 17.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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