ASICS DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 118.95 | 134.39 | 183.21 | 149.01 | 130.91 |
Gross profit | 14.79 | 10.65 | 13.23 | 13.16 | 11.68 |
EBIT | 6.01 | 1.43 | 9.63 | 1.69 | 2.62 |
Net earnings | 4.73 | 1.04 | 6.88 | 1.27 | 1.46 |
Shareholders equity total | 11.33 | 7.64 | 13.49 | 7.88 | 8.07 |
Balance sheet total (assets) | 23.75 | 25.77 | 39.13 | 16.34 | 17.01 |
Net debt | -0.93 | -0.37 | 14.11 | -0.68 | -2.25 |
Profitability | |||||
EBIT-% | 5.1 % | 1.1 % | 5.3 % | 1.1 % | 2.0 % |
ROA | 26.5 % | 5.8 % | 29.7 % | 6.7 % | 15.7 % |
ROE | 52.7 % | 10.9 % | 65.1 % | 11.9 % | 18.3 % |
ROI | 37.1 % | 9.6 % | 44.1 % | 9.8 % | 32.9 % |
Economic value added (EVA) | 3.88 | 0.30 | 6.35 | -0.29 | 1.08 |
Solvency | |||||
Equity ratio | 47.7 % | 29.7 % | 34.5 % | 48.2 % | 47.4 % |
Gearing | 111.5 % | ||||
Relative net indebtedness % | 6.0 % | 9.0 % | 12.4 % | 5.2 % | 5.1 % |
Liquidity | |||||
Quick ratio | 3.0 | 1.9 | 1.5 | 1.7 | 1.9 |
Current ratio | 3.0 | 1.9 | 1.5 | 1.7 | 1.9 |
Cash and cash equivalents | 0.93 | 0.37 | 0.92 | 0.68 | 2.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.2 | 9.8 | 18.6 | 11.7 | 13.5 |
Net working capital % | 12.2 % | 8.5 % | 6.3 % | 4.0 % | 6.1 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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