ASSP - Danish Electric Vehicles A/S — Credit Rating and Financial Key Figures

ASSP - Danish Electric Vehicles A/S (CVR number: 40519629) is a company from MARIAGERFJORD. The company recorded a gross profit of 3088 kDKK in 2023. The operating profit was 955.2 kDKK, while net earnings were 665.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ASSP - Danish Electric Vehicles A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.