ASETEK A/S

CVR number: 34880522
Assensvej 2, 9220 Aalborg Øst

Credit rating

Company information

Official name
ASETEK A/S
Personnel
2 persons
Established
2012
Company form
Limited company
Industry
  • Expand more icon26Manufacture of computer, electronic and optical products

About the company

ASETEK A/S (CVR number: 34880522) is a company from AALBORG. The company reported a net sales of 2.9 mUSD in 2019, demonstrating a decline of -12.5 % compared to the previous year. The operating profit percentage was poor at -14.6 % (EBIT: -0.4 mUSD), while net earnings were -93 kUSD. 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 -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ASETEK A/S's liquidity measured by quick ratio was 24.7 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 (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2016201720182019
Volume
Net sales774.001 233.003 312.002 899.00
Gross profit774.001 233.003 312.002 899.00
EBIT- 773.00-2 021.0088.00- 424.00
Net earnings- 691.00-1 781.00-96.00-93.00
Shareholders equity total33 483.0031 078.0033 044.0034 073.00
Balance sheet total (assets)33 946.0031 454.0033 867.0035 002.00
Net debt-13 719.00-10 583.00-11 586.00-14 619.00
Profitability
EBIT-%-99.9 %-163.9 %2.7 %-14.6 %
ROA-1.9 %-5.8 %1.1 %-0.1 %
ROE-2.1 %-5.5 %-0.3 %-0.3 %
ROI-1.9 %-5.9 %1.1 %-0.1 %
Economic value added (EVA)- 775.24-1 795.0442.33- 369.48
Solvency
Equity ratio98.6 %98.8 %97.6 %97.3 %
Gearing0.0 %
Relative net indebtedness %-1712.8 %-827.9 %-325.0 %-472.6 %
Liquidity
Quick ratio29.728.514.124.7
Current ratio29.728.514.124.7
Cash and cash equivalents13 719.0010 583.0011 586.0014 629.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1714.1 %836.1 %325.4 %484.9 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-0.06%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.3%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

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