AASN Holding A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5 162.00 | 969.00 | -4 662.00 | - 115 230.00 | 16 860.00 |
EBIT | -14 353.00 | -11 141.00 | -23 212.00 | - 141 123.00 | -21 539.00 |
Net earnings | 80 026.00 | 68 622.00 | 125 008.00 | - 241 933.00 | 62 516.00 |
Shareholders equity total | 1 133 509.00 | 1 202 069.00 | 1 327 029.00 | 1 085 480.00 | 1 149 088.00 |
Balance sheet total (assets) | 1 303 457.00 | 1 407 093.00 | 1 533 839.00 | 1 165 994.00 | 1 266 441.00 |
Net debt | - 920 668.00 | - 990 791.00 | -1 096 363.00 | - 903 151.00 | - 932 413.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.2 % | 6.6 % | 11.0 % | -9.6 % | 6.8 % |
ROE | 7.3 % | 5.9 % | 9.9 % | -20.1 % | 5.6 % |
ROI | 9.3 % | 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 ratio | 87.0 % | 85.4 % | 86.5 % | 93.1 % | 90.7 % |
Gearing | 2.2 % | 3.8 % | 3.0 % | 5.7 % | 8.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.2 | 6.4 | 6.9 | 12.6 | 9.1 |
Current ratio | 7.2 | 6.5 | 7.0 | 13.3 | 9.9 |
Cash and cash equivalents | 945 241.00 | 1 036 816.00 | 1 136 735.00 | 965 282.00 | 1 026 959.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | AA |
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