AASN Holding A/S — Credit Rating and Financial Key Figures

CVR number: 31618878
Fjordvej 78, Strandhuse 6000 Kolding

Company information

Official name
AASN Holding A/S
Established
2008
Domicile
Strandhuse
Company form
Limited company
Industry

About AASN Holding A/S

AASN Holding A/S (CVR number: 31618878K) is a company from KOLDING. The company recorded a gross profit of 16.9 mDKK in 2023. The operating profit was -21.5 mDKK, while net earnings were 62.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AASN Holding A/S's liquidity measured by quick ratio was 9.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5 162.00969.00-4 662.00- 115 230.0016 860.00
EBIT-14 353.00-11 141.00-23 212.00- 141 123.00-21 539.00
Net earnings80 026.0068 622.00125 008.00- 241 933.0062 516.00
Shareholders equity total1 133 509.001 202 069.001 327 029.001 085 480.001 149 088.00
Balance sheet total (assets)1 303 457.001 407 093.001 533 839.001 165 994.001 266 441.00
Net debt- 920 668.00- 990 791.00-1 096 363.00- 903 151.00- 932 413.00
Profitability
EBIT-%
ROA8.2 %6.6 %11.0 %-9.6 %6.8 %
ROE7.3 %5.9 %9.9 %-20.1 %5.6 %
ROI9.3 %7.4 %12.3 %-10.3 %7.0 %
Economic value added (EVA)-20 322.41-17 849.34-25 860.94- 132 848.75-22 160.13
Solvency
Equity ratio87.0 %85.4 %86.5 %93.1 %90.7 %
Gearing2.2 %3.8 %3.0 %5.7 %8.2 %
Relative net indebtedness %
Liquidity
Quick ratio7.26.46.912.69.1
Current ratio7.26.57.013.39.9
Cash and cash equivalents945 241.001 036 816.001 136 735.00965 282.001 026 959.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBAA

Variable visualization

ROA:6.84%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.7%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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