K/S ASSENS — Credit Rating and Financial Key Figures

CVR number: 34079420
Asylgade 1 U, 7800 Skive

Company information

Official name
K/S ASSENS
Established
2011
Company form
Limited partnership
Industry

About K/S ASSENS

K/S ASSENS (CVR number: 34079420) is a company from SKIVE. The company reported a net sales of 1.6 mDKK in 2024, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 89.9 % (EBIT: 1.4 mDKK), while net earnings were 1142.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 66.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K/S ASSENS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales1 440.681 469.491 498.881 558.841 590.02
Gross profit1 256.051 330.981 316.341 413.171 441.09
EBIT1 194.471 313.611 264.451 401.551 429.62
Net earnings1 169.991 239.911 194.281 095.121 142.17
Shareholders equity total10 429.5410 759.4511 253.7312 348.8513 491.03
Balance sheet total (assets)19 607.0719 661.2019 525.4419 911.2220 354.42
Net debt8 365.478 015.287 472.786 374.245 323.19
Profitability
EBIT-%82.9 %89.4 %84.4 %89.9 %89.9 %
ROA6.1 %6.7 %6.5 %7.1 %7.2 %
ROE11.4 %11.7 %10.9 %9.3 %8.8 %
ROI6.3 %6.9 %6.6 %7.4 %7.4 %
Economic value added (EVA)264.20387.39359.66500.95528.34
Solvency
Equity ratio53.2 %54.7 %57.6 %62.0 %66.3 %
Gearing82.9 %77.6 %68.2 %56.4 %46.2 %
Relative net indebtedness %617.4 %582.9 %538.5 %447.5 %374.3 %
Liquidity
Quick ratio0.30.30.10.40.6
Current ratio0.30.30.10.40.6
Cash and cash equivalents282.47336.60200.84586.62911.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-42.3 %-66.8 %-80.1 %-51.5 %-35.4 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:7.20%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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