ASSENS RENSNING A/S

CVR number: 35256504
Forsyningsparken 2, 5610 Assens

Credit rating

Company information

Official name
ASSENS RENSNING A/S
Established
2013
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About ASSENS RENSNING A/S

ASSENS RENSNING A/S (CVR number: 35256504) is a company from ASSENS. The company reported a net sales of 20.6 mDKK in 2023, demonstrating a decline of -9.3 % compared to the previous year. The operating profit percentage was poor at -71.6 % (EBIT: -14.8 mDKK), while net earnings were -20.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -25.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. ASSENS RENSNING A/S'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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales23 495.0022 643.0023 280.0022 744.0020 629.00
Gross profit2 551.00140.0044.003 316.00-11 033.00
EBIT103.00-2 596.00-2 551.00-5 821.00-14 778.00
Net earnings107.00-2 697.00-3 061.00-7 649.00-20 333.00
Shareholders equity total104 083.00101 386.0098 325.0090 677.0070 343.00
Balance sheet total (assets)128 450.00183 173.00262 574.00370 436.00353 968.00
Net debt811.0039 161.00132 881.00264 562.00275 996.00
Profitability
EBIT-%0.4 %-11.5 %-11.0 %-25.6 %-71.6 %
ROA0.3 %-1.5 %-1.1 %-1.8 %-4.1 %
ROE0.1 %-2.6 %-3.1 %-8.1 %-25.3 %
ROI0.3 %-1.7 %-1.3 %-1.9 %-3.7 %
Economic value added (EVA)-5 529.57-7 818.48-9 454.09-17 305.49-32 171.84
Solvency
Equity ratio81.0 %55.3 %37.4 %24.5 %19.9 %
Gearing13.2 %63.4 %135.4 %291.8 %392.4 %
Relative net indebtedness %33.6 %233.6 %688.2 %1144.4 %989.8 %
Liquidity
Quick ratio5.82.80.614.12.0
Current ratio5.82.80.614.12.0
Cash and cash equivalents12 901.0025 131.00267.00
Capital use efficiency
Trade debtors turnover (days)7.37.85.63.60.7
Net working capital %89.3 %116.1 %-48.6 %71.3 %11.6 %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:-4.08%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.9%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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