ASIEN TRADING CO. A/S — Credit Rating and Financial Key Figures

CVR number: 87765512
Frisenborgvænget 28, Smidstrup 7000 Fredericia
tel: 29430511

Credit rating

Company information

Official name
ASIEN TRADING CO. A/S
Established
1980
Domicile
Smidstrup
Company form
Limited company
Industry

About ASIEN TRADING CO. A/S

ASIEN TRADING CO. A/S (CVR number: 87765512) is a company from VEJLE. The company recorded a gross profit of 40.1 kDKK in 2023. The operating profit was 15.9 kDKK, while net earnings were 7.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ASIEN TRADING CO. A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit41.1964.8761.5775.6440.11
EBIT4.4419.0521.5538.0515.95
Net earnings-4.1237.5010.6429.477.72
Shareholders equity total1 080.301 117.801 378.441 407.901 515.62
Balance sheet total (assets)1 568.781 602.441 560.181 553.031 573.77
Net debt466.48468.64181.75138.1458.15
Profitability
EBIT-%
ROA0.3 %1.2 %1.6 %2.4 %1.0 %
ROE-0.4 %3.4 %0.9 %2.1 %0.5 %
ROI0.3 %1.2 %1.6 %2.4 %1.0 %
Economic value added (EVA)-71.14-59.86-40.87-38.65-59.42
Solvency
Equity ratio68.9 %69.8 %88.4 %90.7 %96.3 %
Gearing43.2 %41.9 %13.2 %9.8 %3.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.30.41.1
Current ratio0.10.10.30.41.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.03%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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