ASE HANDLING ApS — Credit Rating and Financial Key Figures

ASE HANDLING ApS (CVR number: 26618185) is a company from MIDDELFART. The company recorded a gross profit of 22.1 mDKK in 2023. The operating profit was 11.8 mDKK, while net earnings were 8755.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 72.1 %, which can be considered excellent and Return on Equity (ROE) was 68.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ASE HANDLING ApS's liquidity measured by quick ratio was 4.4 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.