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ASCENDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASCENDING ApS
ASCENDING ApS (CVR number: 34462313) is a company from AALBORG. The company recorded a gross profit of -6.6 kDKK in 2024. The operating profit was -6.6 kDKK, while net earnings were -3.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -7.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ASCENDING ApS's liquidity measured by quick ratio was 4.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -5.65 | -5.47 | -6.38 | -6.75 | -6.65 |
| EBIT | -5.65 | -5.47 | -6.38 | -6.75 | -6.65 |
| Net earnings | -4.21 | -4.09 | -4.31 | -3.68 | -3.88 |
| Shareholders equity total | 62.85 | 58.76 | 54.45 | 50.77 | 46.89 |
| Balance sheet total (assets) | 69.77 | 65.68 | 61.37 | 57.69 | 58.96 |
| Net debt | -39.30 | -34.08 | -28.35 | -22.41 | -26.72 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -5.8 % | -5.9 % | -6.6 % | -6.2 % | -6.7 % |
| ROE | -6.5 % | -6.7 % | -7.6 % | -7.0 % | -7.9 % |
| ROI | -6.1 % | -6.2 % | -7.0 % | -6.6 % | -7.5 % |
| Economic value added (EVA) | -9.16 | -8.77 | -9.48 | -9.63 | -9.35 |
| Solvency | |||||
| Equity ratio | 90.1 % | 89.5 % | 88.7 % | 88.0 % | 79.5 % |
| Gearing | 4.6 % | 5.0 % | 5.4 % | 5.8 % | 6.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 10.1 | 9.5 | 8.9 | 8.3 | 4.9 |
| Current ratio | 10.1 | 9.5 | 8.9 | 8.3 | 4.9 |
| Cash and cash equivalents | 42.22 | 37.00 | 31.27 | 25.33 | 29.64 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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