ASNET BOARD S.M.B.A. — Credit Rating and Financial Key Figures

ASNET BOARD S.M.B.A. (CVR number: 29627207) is a company from SILKEBORG. The company reported a net sales of 2.2 mDKK in 2023, demonstrating a decline of -6.8 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0 mDKK), while net earnings were 4.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. 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. ASNET BOARD S.M.B.A.'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.