ASSENS RENSNING A/S — Credit Rating and Financial Key Figures

CVR number: 35256504
Forsyningsparken 2, 5610 Assens

Credit rating

Company information

Official name
ASSENS RENSNING A/S
Established
2013
Company form
Limited company
Industry

About ASSENS RENSNING A/S

ASSENS RENSNING A/S (CVR number: 35256504) is a company from ASSENS. The company reported a net sales of 27.8 mDKK in 2024, demonstrating a growth of 34.7 % compared to the previous year. The operating profit percentage was poor at -46.9 % (EBIT: -13 mDKK), while net earnings were -18.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -29.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.7 %, 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 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales22 643.0023 280.0022 744.0020 629.0027 797.00
Gross profit140.0044.003 316.00-11 033.00-10 483.00
EBIT-2 596.00-2 551.00-5 821.00-14 778.00-13 034.00
Net earnings-2 697.00-3 061.00-7 649.00-20 333.00-18 318.00
Shareholders equity total101 386.0098 325.0090 677.0070 343.0052 025.00
Balance sheet total (assets)183 173.00262 574.00370 436.00353 968.00332 051.00
Net debt39 161.00132 881.00264 562.00275 996.00274 624.00
Profitability
EBIT-%-11.5 %-11.0 %-25.6 %-71.6 %-46.9 %
ROA-1.5 %-1.1 %-1.8 %-4.1 %-3.8 %
ROE-2.6 %-3.1 %-8.1 %-25.3 %-29.9 %
ROI-1.7 %-1.3 %-1.9 %-4.1 %-3.8 %
Economic value added (EVA)-8 515.20-10 876.32-17 452.52-33 607.48-30 437.53
Solvency
Equity ratio55.3 %37.4 %24.5 %19.9 %15.7 %
Gearing63.4 %135.4 %291.8 %392.4 %527.9 %
Relative net indebtedness %233.6 %688.2 %1144.4 %1374.9 %1007.4 %
Liquidity
Quick ratio2.80.614.10.10.3
Current ratio2.80.614.10.10.3
Cash and cash equivalents25 131.00267.00
Capital use efficiency
Trade debtors turnover (days)7.85.63.60.72.8
Net working capital %116.1 %-48.6 %71.3 %-373.5 %-40.0 %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:-3.80%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.7%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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