ASKOV BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 38113313
Torvet 1, Askov 6600 Vejen

Company information

Official name
ASKOV BRUGSFORENING
Personnel
16 persons
Established
1901
Domicile
Askov
Industry

About ASKOV BRUGSFORENING

ASKOV BRUGSFORENING (CVR number: 38113313) is a company from VEJEN. The company reported a net sales of 23 mDKK in 2024, demonstrating a growth of 1.9 % compared to the previous year. The operating profit percentage was poor at -0.4 % (EBIT: -0.1 mDKK), while net earnings were 92.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 74.9 %, 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. ASKOV BRUGSFORENING's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales21 308.0023 622.0025 682.7422 569.4922 990.22
Gross profit3 381.003 504.003 170.653 304.283 260.08
EBIT331.00444.00-80.5030.50-88.04
Net earnings381.00525.00112.20232.1492.20
Shareholders equity total6 081.006 605.006 729.236 965.377 064.56
Balance sheet total (assets)7 362.007 727.008 030.698 752.749 432.75
Net debt- 218.17- 225.53276.90
Profitability
EBIT-%1.6 %1.9 %-0.3 %0.1 %-0.4 %
ROA4.7 %5.9 %1.8 %3.6 %1.8 %
ROE6.5 %8.3 %1.7 %3.4 %1.3 %
ROI4.7 %5.9 %1.9 %4.2 %2.1 %
Economic value added (EVA)44.68138.43- 399.48- 331.31- 428.15
Solvency
Equity ratio100.0 %100.0 %83.8 %79.6 %74.9 %
Gearing7.1 %
Relative net indebtedness %2.9 %5.5 %8.0 %
Liquidity
Quick ratio2.60.71.1
Current ratio4.41.92.0
Cash and cash equivalents218.17225.53223.10
Capital use efficiency
Trade debtors turnover (days)1.41.11.4
Net working capital %12.2 %4.9 %7.0 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:1.77%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.9%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.