ASE service ApS — Credit Rating and Financial Key Figures

CVR number: 40726918
Bjerrevej 184, 8700 Horsens

Company information

Official name
ASE service ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About ASE service ApS

ASE service ApS (CVR number: 40726918) is a company from HORSENS. The company recorded a gross profit of 28.8 kDKK in 2024. The operating profit was 0.9 kDKK, while net earnings were -7.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was -57.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 13.5 %, 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. ASE service ApS's liquidity measured by quick ratio was 0.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales37.44159.13287.41
Gross profit37.4441.2740.75175.8228.80
EBIT44.8829.34-78.6422.350.91
Net earnings29.20-79.0121.34-7.66
Shareholders equity total37.4469.20-9.8017.139.48
Balance sheet total (assets)5.0470.1780.2895.7570.37
Net debt-4.9621.5414.5614.97
Profitability
EBIT-%119.9 %18.4 %-27.4 %
ROA1633.3 %78.0 %-98.1 %24.1 %3.9 %
ROE54.8 %-105.7 %43.8 %-57.5 %
ROI1633.3 %79.0 %-120.0 %32.1 %4.8 %
Economic value added (EVA)44.8827.46-82.1219.73-2.92
Solvency
Equity ratio100.0 %98.6 %-10.9 %17.9 %13.5 %
Gearing-630.5 %351.0 %497.4 %
Relative net indebtedness %-2.5 %17.3 %
Liquidity
Quick ratio31.30.50.70.6
Current ratio31.30.50.70.6
Cash and cash equivalents4.9640.2845.5732.15
Capital use efficiency
Trade debtors turnover (days)49.157.8
Net working capital %13.5 %15.2 %-13.3 %
Credit risk
Credit ratingCBBBBBBB

Variable visualization

ROA:3.89%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.5%
Rating: 13/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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