ASBilhandel ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASBilhandel ApS
ASBilhandel ApS (CVR number: 43219235) is a company from VARDE. The company reported a net sales of 1 mDKK in 2024, demonstrating a decline of -7.9 % compared to the previous year. The operating profit percentage was at 55.8 % (EBIT: 0.6 mDKK), while net earnings were 420.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.7 %, which can be considered excellent and Return on Equity (ROE) was 43.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. ASBilhandel ApS's liquidity measured by quick ratio was 3.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 153.62 | 1 072.76 | 987.76 |
Gross profit | 131.98 | 956.51 | 890.05 |
EBIT | 131.98 | 806.34 | 551.29 |
Net earnings | 102.28 | 621.37 | 420.27 |
Shareholders equity total | 142.28 | 763.65 | 1 183.92 |
Balance sheet total (assets) | 418.01 | 1 413.71 | 1 594.51 |
Net debt | - 218.01 | - 842.90 | - 339.98 |
Profitability | |||
EBIT-% | 85.9 % | 75.2 % | 55.8 % |
ROA | 31.6 % | 88.0 % | 36.7 % |
ROE | 71.9 % | 137.2 % | 43.2 % |
ROI | 38.6 % | 105.7 % | 44.7 % |
Economic value added (EVA) | 102.36 | 604.21 | 360.79 |
Solvency | |||
Equity ratio | 34.0 % | 54.0 % | 74.2 % |
Gearing | 140.6 % | 55.0 % | 8.5 % |
Relative net indebtedness % | -92.6 % | -57.1 % | -3.0 % |
Liquidity | |||
Quick ratio | 1.5 | 2.1 | 3.8 |
Current ratio | 1.5 | 2.1 | 3.8 |
Cash and cash equivalents | 418.01 | 1 262.93 | 440.56 |
Capital use efficiency | |||
Trade debtors turnover (days) | 135.9 | ||
Net working capital % | 92.6 % | 68.3 % | 117.8 % |
Credit risk | |||
Credit rating | BBB | BBB | A |
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