ASIEN TRADING CO. A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -20 kDKK in 2024. The operating profit was -47.6 kDKK, while net earnings were -45.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.2 %, 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 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 64.87 | 61.57 | 75.64 | 40.11 | -20.00 |
EBIT | 19.05 | 21.55 | 38.05 | 15.95 | -47.61 |
Net earnings | 37.50 | 10.64 | 29.47 | 7.72 | -45.60 |
Shareholders equity total | 1 117.80 | 1 378.44 | 1 407.90 | 1 515.62 | 1 470.02 |
Balance sheet total (assets) | 1 602.44 | 1 560.18 | 1 553.03 | 1 573.77 | 1 559.84 |
Net debt | 468.64 | 181.75 | 138.14 | 58.15 | 89.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.2 % | 1.6 % | 2.4 % | 1.0 % | -3.0 % |
ROE | 3.4 % | 0.9 % | 2.1 % | 0.5 % | -3.1 % |
ROI | 1.2 % | 1.6 % | 2.4 % | 1.0 % | -3.0 % |
Economic value added (EVA) | -64.20 | -64.41 | -47.78 | -66.37 | - 124.06 |
Solvency | |||||
Equity ratio | 69.8 % | 88.4 % | 90.7 % | 96.3 % | 94.2 % |
Gearing | 41.9 % | 13.2 % | 9.8 % | 3.8 % | 6.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.3 | 0.4 | 1.1 | 0.8 |
Current ratio | 0.1 | 0.3 | 0.4 | 1.1 | 0.8 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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