ASK TRADING APS — Credit Rating and Financial Key Figures

ASK TRADING APS (CVR number: 39057999) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 479 kDKK in 2022. The operating profit was 194.9 kDKK, while net earnings were 172.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.7 %, which can be considered excellent and Return on Equity (ROE) was 88.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -58.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ASK TRADING APS's liquidity measured by quick ratio was 0.4 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.