ASCEND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASCEND ApS
ASCEND ApS (CVR number: 35524495) is a company from KØBENHAVN. The company recorded a gross profit of 2871.5 kDKK in 2024. The operating profit was -1585.2 kDKK, while net earnings were -1291.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -40.5 %, which can be considered poor and Return on Equity (ROE) was -54.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. ASCEND ApS'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 708.35 | 6 045.77 | 4 159.29 | 2 175.99 | 2 871.48 |
EBIT | -3 171.49 | - 755.91 | -1 366.73 | -2 251.77 | -1 585.19 |
Net earnings | -2 173.77 | - 268.22 | -1 089.00 | -1 773.35 | -1 291.20 |
Shareholders equity total | 6 138.41 | 5 870.19 | 4 787.17 | 3 013.82 | 1 722.62 |
Balance sheet total (assets) | 9 383.02 | 7 878.15 | 6 181.62 | 4 519.07 | 3 308.03 |
Net debt | 67.09 | - 496.09 | - 603.72 | 382.74 | - 474.92 |
Profitability | |||||
EBIT-% | |||||
ROA | -24.7 % | -8.8 % | -19.4 % | -42.0 % | -40.5 % |
ROE | -30.1 % | -4.5 % | -20.4 % | -45.5 % | -54.5 % |
ROI | -35.2 % | -10.6 % | -22.2 % | -49.8 % | -55.6 % |
Economic value added (EVA) | -2 670.93 | - 907.81 | -1 395.51 | -2 037.58 | -1 410.99 |
Solvency | |||||
Equity ratio | 65.4 % | 74.5 % | 77.4 % | 66.7 % | 52.1 % |
Gearing | 1.1 % | 5.2 % | 13.8 % | 31.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.8 | 1.3 | 1.0 | 1.3 |
Current ratio | 0.3 | 0.8 | 1.3 | 1.0 | 1.3 |
Cash and cash equivalents | 496.09 | 852.23 | 33.52 | 1 020.25 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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