ASETEK A/S — Credit Rating and Financial Key Figures

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.