ASSA ABLOY Opening Solutions Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 63989010
Borupvang 5 D, 2750 Ballerup
tel: 44544444

Company information

Official name
ASSA ABLOY Opening Solutions Denmark A/S
Personnel
72 persons
Established
1941
Company form
Limited company
Industry

About ASSA ABLOY Opening Solutions Denmark A/S

ASSA ABLOY Opening Solutions Denmark A/S (CVR number: 63989010) is a company from BALLERUP. The company recorded a gross profit of 99 mDKK in 2023. The operating profit was 36.6 mDKK, while net earnings were 29.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 46.3 %, which can be considered excellent and Return on Equity (ROE) was 65.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ASSA ABLOY Opening Solutions Denmark A/S's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit147 461.3999 477.0180 973.4192 701.4598 984.88
EBIT73 331.9331 495.2114 781.7519 070.1036 594.94
Net earnings59 172.2523 772.7711 376.4015 836.0429 073.53
Shareholders equity total94 137.2257 909.9944 286.3940 122.4349 195.96
Balance sheet total (assets)133 206.26102 825.3679 414.9879 946.3686 661.82
Net debt101.774 208.355 193.826 842.936 592.60
Profitability
EBIT-%
ROA58.2 %28.1 %17.1 %26.8 %46.3 %
ROE73.5 %31.3 %22.3 %37.5 %65.1 %
ROI86.5 %40.9 %27.4 %43.3 %73.5 %
Economic value added (EVA)55 782.9919 800.608 467.2612 496.8526 700.62
Solvency
Equity ratio70.7 %56.3 %55.8 %50.2 %56.8 %
Gearing0.1 %7.3 %11.7 %17.1 %13.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.01.91.82.2
Current ratio3.62.02.01.82.2
Cash and cash equivalents11.576.115.672.610.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:46.3%
Rating: 92/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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