AS Holding af 15. maj 2020 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AS Holding af 15. maj 2020 ApS
AS Holding af 15. maj 2020 ApS (CVR number: 41370874) is a company from Høje-Taastrup. The company recorded a gross profit of 20.4 mDKK in 2023. The operating profit was 3665.3 kDKK, while net earnings were 2188.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 35.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AS Holding af 15. maj 2020 ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 24 259.54 | 20 370.03 | |||
EBIT | 6 200.00 | 6 008.10 | 3 665.28 | ||
Net earnings | 3 788.00 | 3 867.38 | 2 188.17 | ||
Shareholders equity total | 29.99 | 5 255.00 | 9 121.95 | 11 337.73 | |
Balance sheet total (assets) | 93.56 | 92 463.00 | 83 466.83 | 80 051.23 | |
Net debt | -15.99 | -9 543.91 | -7 849.82 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 13.4 % | 7.3 % | 5.1 % | ||
ROE | 143.3 % | 72.1 % | 35.8 % | ||
ROI | 13.4 % | 12.5 % | 37.8 % | ||
Economic value added (EVA) | 6 200.50 | 3 731.77 | 2 199.10 | ||
Solvency | |||||
Equity ratio | 24.3 % | 100.0 % | 10.9 % | 14.2 % | |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | 1.3 | ||
Current ratio | 1.1 | 1.5 | 1.3 | ||
Cash and cash equivalents | 15.99 | 9 543.91 | 7 849.82 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | A | A | A |
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