ASE HANDLING ApS — Credit Rating and Financial Key Figures

CVR number: 26618185
Skydsbjergvej 43, Fjellerup 5463 Harndrup
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Company information

Official name
ASE HANDLING ApS
Personnel
21 persons
Established
2002
Domicile
Fjellerup
Company form
Private limited company
Industry

About ASE HANDLING ApS

ASE HANDLING ApS (CVR number: 26618185) is a company from MIDDELFART. The company recorded a gross profit of 22.9 mDKK in 2024. The operating profit was 9169.4 kDKK, while net earnings were 6446.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.8 %, which can be considered excellent and Return on Equity (ROE) was 50.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, 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 2.4 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 233.1111 005.1718 251.9622 114.4922 924.19
EBIT-1 041.173 117.258 922.1511 832.749 169.44
Net earnings- 879.152 196.946 528.848 755.636 446.79
Shareholders equity total4 890.997 087.9311 653.8413 880.6311 571.79
Balance sheet total (assets)8 026.119 276.0215 281.4817 908.3519 126.17
Net debt-3 049.24-2 940.56-7 094.76-8 258.62-9 137.05
Profitability
EBIT-%
ROA-11.9 %36.4 %72.8 %72.1 %50.8 %
ROE-16.5 %36.7 %69.7 %68.6 %50.7 %
ROI-14.0 %42.7 %85.4 %83.7 %58.9 %
Economic value added (EVA)-1 205.302 097.686 598.838 596.706 379.70
Solvency
Equity ratio60.9 %76.4 %76.3 %77.5 %60.5 %
Gearing35.6 %0.9 %9.4 %10.5 %43.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.65.14.94.42.4
Current ratio2.65.14.94.42.4
Cash and cash equivalents4 788.133 005.468 190.289 719.0014 183.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:50.8%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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