AASE/FLEMMING-VH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AASE/FLEMMING-VH ApS
AASE/FLEMMING-VH ApS (CVR number: 89616514) is a company from SYDDJURS. The company recorded a gross profit of -22.1 kDKK in 2023. The operating profit was -22.1 kDKK, while net earnings were 153.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.2 %, which can be considered excellent but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AASE/FLEMMING-VH ApS's liquidity measured by quick ratio was 44.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -19.30 | -18.51 | -18.84 | -19.11 | -22.07 | 
| EBIT | -19.30 | -18.51 | -18.84 | -19.11 | -22.07 | 
| Net earnings | 33.76 | 247.82 | - 182.83 | 318.26 | 153.15 | 
| Shareholders equity total | 2 109.60 | 2 246.82 | 1 950.99 | 2 154.85 | 2 190.20 | 
| Balance sheet total (assets) | 2 128.72 | 2 293.27 | 1 970.11 | 2 207.74 | 2 240.35 | 
| Net debt | -1 992.69 | -2 163.26 | -1 836.06 | -2 077.74 | -2 110.35 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.8 % | 13.1 % | 2.4 % | 17.3 % | 15.2 % | 
| ROE | 1.5 % | 11.4 % | -8.7 % | 15.5 % | 7.0 % | 
| ROI | 1.8 % | 13.3 % | 2.5 % | 17.7 % | 15.6 % | 
| Economic value added (EVA) | -25.15 | -22.26 | -23.76 | -22.73 | -21.19 | 
| Solvency | |||||
| Equity ratio | 99.1 % | 98.0 % | 99.0 % | 97.6 % | 97.8 % | 
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 111.3 | 49.4 | 103.0 | 41.7 | 44.7 | 
| Current ratio | 111.3 | 49.4 | 103.0 | 41.7 | 44.7 | 
| Cash and cash equivalents | 1 992.69 | 2 163.26 | 1 836.06 | 2 077.74 | 2 110.35 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | BBB | 
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