Ascend Group Holding ApS — Credit Rating and Financial Key Figures

Ascend Group Holding ApS (CVR number: 41558113) is a company from Høje-Taastrup. The company recorded a gross profit of -0.3 kDKK in 2024. The operating profit was -0.3 kDKK, while net earnings were -313 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.5 %, which can be considered poor and Return on Equity (ROE) was -37.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ascend Group Holding ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.