ASSÆT ApS — Credit Rating and Financial Key Figures

CVR number: 38526030
Holmevej 6, 2860 Søborg
co@assaet.dk
tel: 40611639
www.assaet.dk

Credit rating

Company information

Official name
ASSÆT ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon681100

About ASSÆT ApS

ASSÆT ApS (CVR number: 38526030) is a company from GLADSAXE. The company recorded a gross profit of 1140.1 kDKK in 2024. The operating profit was 72.2 kDKK, while net earnings were 20.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 11.7 %, 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. ASSÆT ApS's liquidity measured by quick ratio was 0.5 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit484.581 223.401 282.791 274.651 140.14
EBIT217.45393.05409.81345.5072.24
Net earnings158.65299.55301.63246.9420.85
Shareholders equity total268.27399.55401.17348.12168.96
Balance sheet total (assets)465.76924.771 302.931 690.981 445.93
Net debt-91.24- 359.52- 245.92- 225.90- 201.44
Profitability
EBIT-%
ROA60.0 %56.5 %36.8 %23.1 %4.8 %
ROE73.3 %89.7 %75.3 %65.9 %8.1 %
ROI99.5 %116.6 %102.1 %92.2 %29.4 %
Economic value added (EVA)159.19295.37312.71256.4945.15
Solvency
Equity ratio57.6 %43.2 %30.8 %20.6 %11.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.21.20.90.70.5
Current ratio2.21.71.20.90.7
Cash and cash equivalents91.24359.52245.92225.90201.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:4.84%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.7%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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