ASSA ABLOY DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASSA ABLOY DANMARK A/S
ASSA ABLOY DANMARK A/S (CVR number: 10050316) is a company from BALLERUP. The company recorded a gross profit of -163.5 kDKK in 2024. The operating profit was -163.5 kDKK, while net earnings were 34.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 35.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. ASSA ABLOY DANMARK A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 122.37 | - 134.28 | - 138.06 | - 325.45 | - 163.47 |
EBIT | - 122.37 | - 134.28 | - 138.06 | - 325.45 | - 163.47 |
Net earnings | 24 106.43 | 28 562.80 | 27 500.38 | 38 392.01 | 34 492.97 |
Shareholders equity total | 85 056.96 | 89 619.76 | 88 120.14 | 99 512.15 | 95 005.12 |
Balance sheet total (assets) | 331 398.29 | 289 963.63 | 289 131.72 | 250 308.20 | 245 761.16 |
Net debt | 246 341.32 | 200 310.33 | 200 931.58 | 150 716.04 | 150 716.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.8 % | 10.0 % | 10.0 % | 17.1 % | 15.9 % |
ROE | 24.0 % | 32.7 % | 30.9 % | 40.9 % | 35.5 % |
ROI | 7.8 % | 10.0 % | 10.0 % | 17.1 % | 15.9 % |
Economic value added (EVA) | -18 316.52 | -16 757.61 | -14 667.01 | -14 800.57 | -12 672.62 |
Solvency | |||||
Equity ratio | 25.7 % | 30.9 % | 30.5 % | 39.8 % | 38.7 % |
Gearing | 289.6 % | 223.5 % | 228.0 % | 151.5 % | 158.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.3 | 0.4 | 0.3 | 0.7 |
Current ratio | 0.2 | 0.3 | 0.4 | 0.3 | 0.7 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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