ASAPACK A/S — Credit Rating and Financial Key Figures

ASAPACK A/S (CVR number: 33638760) is a company from VEJEN. The company recorded a gross profit of 16.5 mDKK in 2023. The operating profit was 1074.1 kDKK, while net earnings were 1568.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. ASAPACK A/S'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.