Asetas A/S — Credit Rating and Financial Key Figures

CVR number: 30559606
Howitzvej 21, 2000 Frederiksberg

Company information

Official name
Asetas A/S
Established
2007
Company form
Limited company
Industry

About Asetas A/S

Asetas A/S (CVR number: 30559606) is a company from FREDERIKSBERG. The company recorded a gross profit of -2.2 kDKK in 2024. The operating profit was -2.2 kDKK, while net earnings were 8.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 50.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.9 %, 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. Asetas A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-1.89-1.40-0.78-1.60-2.15
EBIT-1.89-1.40-0.78-1.60-2.15
Net earnings-6.550.09-12.8511.788.44
Shareholders equity total13.3913.480.6312.4120.84
Balance sheet total (assets)24.4758.2569.5895.91123.13
Net debt-12.68-14.114.60-8.54-19.75
Profitability
EBIT-%
ROA-6.7 %9.6 %1.7 %37.9 %19.3 %
ROE-39.3 %0.6 %-182.2 %180.7 %50.7 %
ROI-6.9 %10.0 %1.8 %37.9 %19.3 %
Economic value added (EVA)-2.69-0.931.541.962.32
Solvency
Equity ratio54.7 %23.1 %0.9 %12.9 %16.9 %
Gearing74.7 %313.8 %10979.9 %672.9 %486.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.31.01.11.2
Current ratio2.21.31.01.11.2
Cash and cash equivalents22.6856.4164.3592.05121.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:19.3%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.9%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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