SASB ApS — Credit Rating and Financial Key Figures

CVR number: 40480633
Søren Møllers Gade 35 A, 8900 Randers C
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Credit rating

Company information

Official name
SASB ApS
Established
2019
Company form
Private limited company
Industry

About SASB ApS

SASB ApS (CVR number: 40480633) is a company from RANDERS. The company recorded a gross profit of 137.2 kDKK in 2024. The operating profit was 114.7 kDKK, while net earnings were 48.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.6 %, 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. SASB ApS's liquidity measured by quick ratio was 2.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit135.82146.03147.62140.44137.18
EBIT113.39123.60125.19118.01114.75
Net earnings35.3741.4943.7341.4648.94
Shareholders equity total119.33160.82204.55246.01294.95
Balance sheet total (assets)2 341.022 342.992 399.052 511.052 540.39
Net debt1 730.671 671.271 592.781 518.351 406.62
Profitability
EBIT-%
ROA5.0 %5.3 %5.3 %5.0 %5.2 %
ROE34.8 %29.6 %23.9 %18.4 %18.1 %
ROI5.2 %5.6 %5.6 %5.3 %5.5 %
Economic value added (EVA)-28.86-25.51-24.18-32.41-37.85
Solvency
Equity ratio5.1 %6.9 %8.5 %9.8 %11.6 %
Gearing1755.7 %1280.9 %1007.1 %861.8 %698.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.32.62.42.9
Current ratio1.82.32.62.42.9
Cash and cash equivalents364.33388.73467.23601.66653.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.15%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.6%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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