ASP Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASP Danmark ApS
ASP Danmark ApS (CVR number: 39877929) is a company from KØBENHAVN. The company reported a net sales of 2.2 mDKK in 2024, demonstrating a growth of 73.8 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 0.1 mDKK), while net earnings were 12.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ASP Danmark ApS's liquidity measured by quick ratio was 1.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 180.14 | 1 783.83 | 1 544.54 | 1 246.06 | 2 165.55 |
Gross profit | 266.02 | 217.94 | 243.18 | 189.09 | 194.59 |
EBIT | 133.64 | 85.56 | 110.80 | 56.71 | 62.21 |
Net earnings | - 654.33 | 263.15 | 85.30 | - 147.81 | 12.06 |
Shareholders equity total | 644.64 | 907.79 | 993.09 | 845.27 | 857.34 |
Balance sheet total (assets) | 2 752.97 | 1 617.51 | 1 448.00 | 1 467.21 | 1 657.48 |
Net debt | -98.47 | - 111.67 | -14.03 | - 356.37 | - 396.10 |
Profitability | |||||
EBIT-% | 6.1 % | 4.8 % | 7.2 % | 4.6 % | 2.9 % |
ROA | 5.3 % | 3.9 % | 7.2 % | 4.6 % | 5.3 % |
ROE | -67.3 % | 33.9 % | 9.0 % | -16.1 % | 1.4 % |
ROI | 7.9 % | 5.3 % | 10.0 % | 6.2 % | 6.8 % |
Economic value added (EVA) | 72.71 | -43.49 | 27.94 | -12.50 | -11.46 |
Solvency | |||||
Equity ratio | 23.4 % | 56.1 % | 68.6 % | 57.6 % | 51.7 % |
Gearing | 218.6 % | 24.3 % | 22.7 % | 46.1 % | |
Relative net indebtedness % | 26.6 % | 18.6 % | 24.9 % | 0.3 % | -3.4 % |
Liquidity | |||||
Quick ratio | 0.8 | 1.0 | 1.6 | 1.4 | 1.5 |
Current ratio | 0.8 | 1.0 | 1.6 | 1.4 | 1.5 |
Cash and cash equivalents | 1 507.46 | 332.53 | 14.03 | 548.06 | 790.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 25.7 | 24.6 | 92.8 | 65.7 | 51.2 |
Net working capital % | -19.6 % | -0.4 % | 14.4 % | 17.7 % | 17.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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