ASICS DANMARK A/S — Credit Rating and Financial Key Figures

ASICS DANMARK A/S (CVR number: 21214639) is a company from GENTOFTE. The company reported a net sales of 149 mDKK in 2023, demonstrating a decline of -18.7 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 1.7 mDKK), while net earnings were 1270 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 28.5 %, 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. ASICS DANMARK A/S's liquidity measured by quick ratio was 1.3 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.