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: 31618878) is a company from KOLDING. The company recorded a gross profit of -601 kDKK in 2023. The operating profit was -601 kDKK, while net earnings were 62.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, 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 92.3 %, 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 11 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 | -7 248.00 | - 600.00 | -4 514.00 | - 119 619.00 | - 601.00 |
EBIT | -7 248.00 | - 600.00 | -4 514.00 | - 119 619.00 | - 601.00 |
Net earnings | 80 026.00 | 68 622.00 | 125 008.00 | - 241 808.00 | 62 829.00 |
Shareholders equity total | 1 133 509.00 | 1 202 069.00 | 1 327 029.00 | 1 085 227.00 | 1 148 156.00 |
Balance sheet total (assets) | 1 297 440.00 | 1 402 523.00 | 1 531 603.00 | 1 152 320.00 | 1 243 778.00 |
Net debt | - 920 076.00 | - 988 568.00 | -1 089 133.00 | - 899 631.00 | - 927 234.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 6.8 % | 11.3 % | -9.3 % | 7.2 % |
ROE | 7.3 % | 5.9 % | 9.9 % | -20.0 % | 5.6 % |
ROI | 9.4 % | 7.6 % | 12.6 % | -9.9 % | 7.3 % |
Economic value added (EVA) | -12 322.65 | -5 390.78 | -6 711.59 | - 109 019.42 | - 456.82 |
Solvency | |||||
Equity ratio | 87.4 % | 85.7 % | 86.6 % | 94.2 % | 92.3 % |
Gearing | 2.1 % | 3.9 % | 3.4 % | 5.7 % | 8.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.4 | 6.5 | 6.8 | 15.3 | 11.0 |
Current ratio | 7.4 | 6.5 | 6.8 | 15.3 | 11.0 |
Cash and cash equivalents | 944 432.00 | 1 035 257.00 | 1 134 802.00 | 961 065.00 | 1 019 475.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | AA |
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