ASSENS SERVICE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASSENS SERVICE A/S
ASSENS SERVICE A/S (CVR number: 32143539) is a company from ASSENS. The company reported a net sales of 49.6 mDKK in 2024, demonstrating a growth of 6.3 % compared to the previous year. The operating profit percentage was poor at -1.1 % (EBIT: -0.6 mDKK), while net earnings were -22 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ASSENS SERVICE A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 40.56 | 38.76 | 42.77 | 46.71 | 49.63 |
Gross profit | 11.72 | 10.93 | 10.44 | 11.16 | 11.85 |
EBIT | 0.05 | -0.33 | 0.40 | -0.40 | -0.56 |
Net earnings | -0.32 | 0.24 | 0.11 | -0.12 | -0.02 |
Shareholders equity total | 1.94 | 2.19 | 2.30 | 2.18 | 2.16 |
Balance sheet total (assets) | 11.71 | 8.26 | 8.69 | 13.74 | 10.25 |
Net debt | -5.10 | -2.61 | 0.46 | 2.33 | -2.79 |
Profitability | |||||
EBIT-% | 0.1 % | -0.8 % | 0.9 % | -0.9 % | -1.1 % |
ROA | 1.8 % | -2.0 % | 6.1 % | -0.9 % | |
ROE | -15.2 % | 11.8 % | 5.1 % | -5.3 % | -1.0 % |
ROI | 4.6 % | -5.3 % | 17.7 % | -2.5 % | |
Economic value added (EVA) | -0.08 | -0.44 | 0.16 | -0.59 | -0.79 |
Solvency | |||||
Equity ratio | 16.6 % | 26.5 % | 26.5 % | 15.9 % | 21.1 % |
Gearing | 12.4 % | 11.1 % | 45.9 % | 106.9 % | |
Relative net indebtedness % | 10.9 % | 8.3 % | 13.5 % | 24.7 % | 10.7 % |
Liquidity | |||||
Quick ratio | 1.6 | 1.2 | 1.2 | 1.1 | 1.2 |
Current ratio | 1.6 | 1.2 | 1.2 | 1.1 | 1.2 |
Cash and cash equivalents | 5.34 | 2.85 | 0.59 | 2.79 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.9 | 4.2 | 5.6 | 4.7 | 8.4 |
Net working capital % | 10.4 % | 2.7 % | 3.0 % | 2.9 % | 2.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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