ASCEND HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASCEND HOLDING ApS
ASCEND HOLDING ApS (CVR number: 27580483) is a company from VEJLE. The company recorded a gross profit of -7.3 kDKK in 2024. The operating profit was -7.3 kDKK, while net earnings were 81.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 133.4 %, which can be considered excellent and Return on Equity (ROE) was 405.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ASCEND HOLDING ApS's liquidity measured by quick ratio was 2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 21.00 | - 254.00 | |||
Gross profit | 15.00 | - 262.00 | -7.00 | -7.00 | -7.30 |
EBIT | 15.00 | - 412.00 | -39.00 | 175.00 | -7.30 |
Net earnings | 9.00 | - 407.00 | -38.00 | -10.00 | 81.13 |
Shareholders equity total | 499.00 | -20.00 | -58.00 | -68.00 | 13.05 |
Balance sheet total (assets) | 621.00 | 181.00 | 78.00 | 27.00 | 26.65 |
Net debt | 1.00 | 85.00 | 129.00 | 89.00 | -9.08 |
Profitability | |||||
EBIT-% | 71.4 % | ||||
ROA | 2.5 % | -96.8 % | -15.4 % | 315.2 % | 133.4 % |
ROE | 1.8 % | -119.7 % | -29.3 % | -19.0 % | 405.2 % |
ROI | 3.0 % | -128.4 % | -20.9 % | -9.2 % | 148.1 % |
Economic value added (EVA) | -10.86 | - 438.14 | -42.27 | 171.43 | -8.36 |
Solvency | |||||
Equity ratio | 80.4 % | -10.0 % | -42.6 % | -71.6 % | 49.0 % |
Gearing | 0.2 % | -425.0 % | -222.4 % | -130.9 % | 57.5 % |
Relative net indebtedness % | 581.0 % | -79.1 % | |||
Liquidity | |||||
Quick ratio | 3.0 | 0.9 | 0.3 | 0.3 | 2.0 |
Current ratio | 3.0 | 0.9 | 0.3 | 0.3 | 2.0 |
Cash and cash equivalents | 16.58 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1166.7 % | 8.3 % | |||
Credit risk | |||||
Credit rating | BBB | C | B | C | B |
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