K/S ASSENS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 440.68 | 1 469.49 | 1 498.88 | 1 558.84 | 1 590.02 |
Gross profit | 1 256.05 | 1 330.98 | 1 316.34 | 1 413.17 | 1 441.09 |
EBIT | 1 194.47 | 1 313.61 | 1 264.45 | 1 401.55 | 1 429.62 |
Net earnings | 1 169.99 | 1 239.91 | 1 194.28 | 1 095.12 | 1 142.17 |
Shareholders equity total | 10 429.54 | 10 759.45 | 11 253.73 | 12 348.85 | 13 491.03 |
Balance sheet total (assets) | 19 607.07 | 19 661.20 | 19 525.44 | 19 911.22 | 20 354.42 |
Net debt | 8 365.47 | 8 015.28 | 7 472.78 | 6 374.24 | 5 323.19 |
Profitability | |||||
EBIT-% | 82.9 % | 89.4 % | 84.4 % | 89.9 % | 89.9 % |
ROA | 6.1 % | 6.7 % | 6.5 % | 7.1 % | 7.2 % |
ROE | 11.4 % | 11.7 % | 10.9 % | 9.3 % | 8.8 % |
ROI | 6.3 % | 6.9 % | 6.6 % | 7.4 % | 7.4 % |
Economic value added (EVA) | 264.20 | 387.39 | 359.66 | 500.95 | 528.34 |
Solvency | |||||
Equity ratio | 53.2 % | 54.7 % | 57.6 % | 62.0 % | 66.3 % |
Gearing | 82.9 % | 77.6 % | 68.2 % | 56.4 % | 46.2 % |
Relative net indebtedness % | 617.4 % | 582.9 % | 538.5 % | 447.5 % | 374.3 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.1 | 0.4 | 0.6 |
Current ratio | 0.3 | 0.3 | 0.1 | 0.4 | 0.6 |
Cash and cash equivalents | 282.47 | 336.60 | 200.84 | 586.62 | 911.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -42.3 % | -66.8 % | -80.1 % | -51.5 % | -35.4 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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