Astralis A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Astralis A/S
Astralis A/S (CVR number: 40694072K) is a company from KØBENHAVN. The company reported a net sales of 72.3 mDKK in 2023, demonstrating a decline of -17.4 % compared to the previous year. The operating profit percentage was at 190 % (EBIT: 137.4 mDKK), while net earnings were 124.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 83.4 %, which can be considered excellent and Return on Equity (ROE) was 91 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 86.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Astralis A/S's liquidity measured by quick ratio was 4.1 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 48.63 | 51.50 | 75.00 | 87.55 | 72.31 |
Gross profit | -5.22 | 51.50 | 75.00 | 64.16 | 203.82 |
EBIT | -18.42 | 51.50 | 75.00 | -9.56 | 137.36 |
Net earnings | -23.93 | -9.67 | 124.88 | ||
Shareholders equity total | 166.91 | 113.93 | 83.23 | 73.93 | 199.50 |
Balance sheet total (assets) | 229.36 | 164.11 | 126.71 | 99.33 | 231.35 |
Net debt | -70.03 | -9.88 | -7.45 | ||
Profitability | |||||
EBIT-% | -37.9 % | 100.0 % | 100.0 % | -10.9 % | 190.0 % |
ROA | -8.0 % | 26.2 % | 51.6 % | -7.9 % | 83.4 % |
ROE | -14.3 % | -12.3 % | 91.0 % | ||
ROI | -9.7 % | 29.2 % | 51.6 % | -8.8 % | 100.4 % |
Economic value added (EVA) | -17.39 | 55.68 | 69.28 | -13.75 | 121.95 |
Solvency | |||||
Equity ratio | 72.8 % | 100.0 % | 100.0 % | 74.4 % | 86.2 % |
Gearing | 11.0 % | ||||
Relative net indebtedness % | -53.9 % | 17.7 % | 33.7 % | ||
Liquidity | |||||
Quick ratio | 2.7 | 1.4 | 4.1 | ||
Current ratio | 2.7 | 1.4 | 4.1 | ||
Cash and cash equivalents | 88.44 | 9.88 | 7.45 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 150.9 | 85.7 | 122.4 | ||
Net working capital % | 147.1 % | 12.2 % | 137.0 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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