ASIA BASE HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASIA BASE HOLDING A/S
ASIA BASE HOLDING A/S (CVR number: 25712609) is a company from AARHUS. The company recorded a gross profit of -328.2 kDKK in 2024. The operating profit was -698.5 kDKK, while net earnings were 10.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 48.6 %, which can be considered excellent and Return on Equity (ROE) was 54.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ASIA BASE HOLDING A/S's liquidity measured by quick ratio was 176.6 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 | - 217.33 | 402.61 | - 143.51 | - 431.81 | - 328.21 |
EBIT | -1 225.39 | - 145.61 | - 598.85 | -1 235.59 | - 698.49 |
Net earnings | - 266.96 | 4 759.53 | 3 657.79 | 1 782.98 | 10 826.86 |
Shareholders equity total | 8 891.41 | 11 866.09 | 14 479.48 | 14 761.22 | 25 268.75 |
Balance sheet total (assets) | 12 426.55 | 15 491.39 | 17 125.92 | 17 128.32 | 27 625.34 |
Net debt | 3 387.53 | 1 402.54 | 2 300.69 | -8.13 | -11 149.16 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.5 % | 33.0 % | 21.7 % | 10.4 % | 48.6 % |
ROE | -3.0 % | 45.9 % | 27.8 % | 12.2 % | 54.1 % |
ROI | -1.6 % | 33.3 % | 21.9 % | 10.4 % | 48.8 % |
Economic value added (EVA) | -1 859.33 | - 721.41 | -1 234.67 | -2 072.87 | -1 551.54 |
Solvency | |||||
Equity ratio | 71.6 % | 76.6 % | 84.5 % | 86.2 % | 91.5 % |
Gearing | 38.3 % | 28.8 % | 17.6 % | 15.0 % | 8.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 1.6 | 1.6 | 28.4 | 176.6 |
Current ratio | 3.1 | 4.3 | 10.0 | 61.4 | 214.4 |
Cash and cash equivalents | 20.09 | 2 018.46 | 251.19 | 2 223.18 | 13 360.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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