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

CVR number: 21214639
Strandvejen 171, 2900 Hellerup
finance-dk@asics.com
tel: 70231713
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Company information

Official name
ASICS DANMARK A/S
Personnel
18 persons
Established
1998
Company form
Limited company
Industry

About ASICS DANMARK A/S

ASICS DANMARK A/S (CVR number: 21214639) is a company from GENTOFTE. The company reported a net sales of 130.9 mDKK in 2024, demonstrating a decline of -12.1 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 2.6 mDKK), while net earnings were 1461 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.7 %, which can be considered excellent and Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ASICS DANMARK A/S's liquidity measured by quick ratio was 1.9 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales118.95134.39183.21149.01130.91
Gross profit14.7910.6513.2313.1611.68
EBIT6.011.439.631.692.62
Net earnings4.731.046.881.271.46
Shareholders equity total11.337.6413.497.888.07
Balance sheet total (assets)23.7525.7739.1316.3417.01
Net debt-0.93-0.3714.11-0.68-2.25
Profitability
EBIT-%5.1 %1.1 %5.3 %1.1 %2.0 %
ROA26.5 %5.8 %29.7 %6.7 %15.7 %
ROE52.7 %10.9 %65.1 %11.9 %18.3 %
ROI37.1 %9.6 %44.1 %9.8 %32.9 %
Economic value added (EVA)3.880.306.35-0.291.08
Solvency
Equity ratio47.7 %29.7 %34.5 %48.2 %47.4 %
Gearing111.5 %
Relative net indebtedness %6.0 %9.0 %12.4 %5.2 %5.1 %
Liquidity
Quick ratio3.01.91.51.71.9
Current ratio3.01.91.51.71.9
Cash and cash equivalents0.930.370.920.682.25
Capital use efficiency
Trade debtors turnover (days)38.29.818.611.713.5
Net working capital %12.2 %8.5 %6.3 %4.0 %6.1 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:15.7%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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