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 42.6 mDKK in 2024. The operating profit was -4467 kDKK, while net earnings were 123.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.4 %, 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 5.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 969.00 | -4 662.00 | - 115 230.00 | 15 553.00 | 42 595.00 |
EBIT | -11 141.00 | -23 212.00 | - 141 123.00 | -21 539.00 | -4 467.00 |
Net earnings | 68 622.00 | 125 008.00 | - 241 933.00 | 62 516.00 | 123 508.00 |
Shareholders equity total | 1 202 069.00 | 1 327 029.00 | 1 085 480.00 | 1 149 087.00 | 1 272 854.00 |
Balance sheet total (assets) | 1 407 093.00 | 1 533 839.00 | 1 165 994.00 | 1 266 445.00 | 1 509 474.00 |
Net debt | - 990 791.00 | -1 096 363.00 | - 903 151.00 | - 932 416.00 | -1 028 140.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.6 % | 11.0 % | -9.6 % | 6.8 % | 11.8 % |
ROE | 5.9 % | 9.9 % | -20.1 % | 5.6 % | 10.2 % |
ROI | 7.4 % | 12.3 % | -10.3 % | 7.0 % | 12.0 % |
Economic value added (EVA) | -66 852.69 | -80 815.04 | - 192 784.28 | -74 571.58 | -66 010.60 |
Solvency | |||||
Equity ratio | 85.4 % | 86.5 % | 93.1 % | 90.7 % | 84.4 % |
Gearing | 3.8 % | 3.0 % | 5.7 % | 8.2 % | 16.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.4 | 6.9 | 12.6 | 9.1 | 5.6 |
Current ratio | 6.5 | 7.0 | 13.3 | 9.9 | 6.1 |
Cash and cash equivalents | 1 036 816.00 | 1 136 735.00 | 965 282.00 | 1 026 962.00 | 1 240 445.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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