HOUSE OF ASIA A/S — Credit Rating and Financial Key Figures

CVR number: 33080565
Skolevej 9 B, 2791 Dragør

Credit rating

Company information

Official name
HOUSE OF ASIA A/S
Personnel
2 persons
Established
2010
Company form
Limited company
Industry

About HOUSE OF ASIA A/S

HOUSE OF ASIA A/S (CVR number: 33080565) is a company from DRAGØR. The company recorded a gross profit of 933 kDKK in 2024. The operating profit was 226.7 kDKK, while net earnings were 173.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent and Return on Equity (ROE) was 19.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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. HOUSE OF ASIA A/S's liquidity measured by quick ratio was 2.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit389.20365.101 243.91825.12932.99
EBIT289.90- 128.29654.99226.29226.66
Net earnings255.82- 124.62523.97- 228.64173.87
Shareholders equity total917.02679.401 203.37856.93908.80
Balance sheet total (assets)1 172.881 601.671 646.581 216.001 294.50
Net debt- 241.65- 316.98- 808.57- 470.60- 622.45
Profitability
EBIT-%
ROA21.9 %-9.0 %40.7 %16.6 %18.1 %
ROE30.3 %-15.6 %55.7 %-22.2 %19.7 %
ROI39.0 %-15.6 %70.1 %23.0 %25.3 %
Economic value added (EVA)186.54- 172.61486.63241.48130.76
Solvency
Equity ratio78.2 %42.4 %73.1 %70.5 %70.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.91.23.62.42.7
Current ratio1.91.23.62.42.7
Cash and cash equivalents241.65316.98808.57470.60622.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:18.1%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.2%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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