K/S ASSENS 1995 — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S ASSENS 1995
K/S ASSENS 1995 (CVR number: 19206173) is a company from KØGE. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -16.4 % compared to the previous year. The operating profit percentage was poor at -654.2 % (EBIT: -3.4 mDKK), while net earnings were -3411.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64.4 %, which can be considered poor and Return on Equity (ROE) was -104.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.7 %, 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. K/S ASSENS 1995's liquidity measured by quick ratio was 1.3 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 610.00 | 620.19 | 518.60 | ||
Gross profit | 1 116.26 | 951.27 | 560.16 | 536.24 | 407.16 |
EBIT | 1 116.26 | 951.27 | 560.16 | 536.24 | -3 392.84 |
Net earnings | 815.42 | 1 232.45 | 517.52 | 497.61 | -3 411.74 |
Shareholders equity total | 6 500.94 | 4 415.39 | 4 741.93 | 5 080.36 | 1 454.15 |
Balance sheet total (assets) | 14 695.95 | 6 905.34 | 6 985.90 | 7 166.93 | 3 330.55 |
Net debt | 7 914.77 | 1 856.46 | 1 611.24 | 938.28 | 813.48 |
Profitability | |||||
EBIT-% | 91.8 % | 86.5 % | -654.2 % | ||
ROA | 7.6 % | 12.4 % | 8.1 % | 7.6 % | -64.4 % |
ROE | 13.0 % | 22.6 % | 11.3 % | 10.1 % | -104.4 % |
ROI | 7.7 % | 12.6 % | 8.2 % | 7.9 % | -69.3 % |
Economic value added (EVA) | 447.78 | 270.91 | 269.36 | 241.73 | -3 686.65 |
Solvency | |||||
Equity ratio | 44.2 % | 63.9 % | 67.9 % | 70.9 % | 43.7 % |
Gearing | 124.4 % | 53.3 % | 46.1 % | 33.4 % | 104.7 % |
Relative net indebtedness % | 273.5 % | 214.5 % | 225.0 % | ||
Liquidity | |||||
Quick ratio | 0.2 | 0.8 | 1.1 | 1.4 | 1.3 |
Current ratio | 0.2 | 0.8 | 1.1 | 1.4 | 1.3 |
Cash and cash equivalents | 174.83 | 495.28 | 575.77 | 756.48 | 709.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 6.0 % | 32.8 % | 32.6 % | ||
Credit risk | |||||
Credit rating | A | A | A | AA | BB |
Variable visualization
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