ASKVIG HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 27980058
Nylandsvej 25, 2690 Karlslunde
mikkel@askvig.dk
tel: 60378188

Credit rating

Company information

Official name
ASKVIG HOLDING A/S
Established
2004
Company form
Limited company
Industry

About ASKVIG HOLDING A/S

ASKVIG HOLDING A/S (CVR number: 27980058) is a company from GREVE. The company recorded a gross profit of -6 kDKK in 2023. The operating profit was -6 kDKK, while net earnings were -3.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ASKVIG HOLDING A/S's liquidity measured by quick ratio was 5.9 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 sales1 231.49284.46
Gross profit1 220.72267.16-9.50-63.30-6.00
EBIT1 220.72267.16-9.50-63.30-6.00
Net earnings1 276.29273.7813.59- 600.38-3.87
Shareholders equity total1 862.461 717.191 714.751 141.61868.04
Balance sheet total (assets)2 148.761 726.031 723.681 322.35879.54
Net debt- 341.42- 457.23-92.8581.63-4.52
Profitability
EBIT-%99.1 %93.9 %
ROA52.1 %14.3 %8.3 %48.8 %-0.3 %
ROE97.6 %15.3 %0.8 %-42.0 %-0.4 %
ROI52.3 %14.3 %8.3 %-39.6 %-0.4 %
Economic value added (EVA)1 246.86255.32-14.20-74.01-8.83
Solvency
Equity ratio86.7 %99.5 %99.5 %86.3 %98.7 %
Gearing14.7 %
Relative net indebtedness %-27.0 %-157.6 %
Liquidity
Quick ratio99.163.435.31.85.9
Current ratio99.163.435.31.85.9
Cash and cash equivalents341.42457.2392.8586.074.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %69.4 %193.6 %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-0.35%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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