ASKVIG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 231.49 | 284.46 | |||
Gross profit | 1 220.72 | 267.16 | -9.50 | -63.30 | -6.00 |
EBIT | 1 220.72 | 267.16 | -9.50 | -63.30 | -6.00 |
Net earnings | 1 276.29 | 273.78 | 13.59 | - 600.38 | -3.87 |
Shareholders equity total | 1 862.46 | 1 717.19 | 1 714.75 | 1 141.61 | 868.04 |
Balance sheet total (assets) | 2 148.76 | 1 726.03 | 1 723.68 | 1 322.35 | 879.54 |
Net debt | - 341.42 | - 457.23 | -92.85 | 81.63 | -4.52 |
Profitability | |||||
EBIT-% | 99.1 % | 93.9 % | |||
ROA | 52.1 % | 14.3 % | 8.3 % | 48.8 % | -0.3 % |
ROE | 97.6 % | 15.3 % | 0.8 % | -42.0 % | -0.4 % |
ROI | 52.3 % | 14.3 % | 8.3 % | -39.6 % | -0.4 % |
Economic value added (EVA) | 1 246.86 | 255.32 | -14.20 | -74.01 | -8.83 |
Solvency | |||||
Equity ratio | 86.7 % | 99.5 % | 99.5 % | 86.3 % | 98.7 % |
Gearing | 14.7 % | ||||
Relative net indebtedness % | -27.0 % | -157.6 % | |||
Liquidity | |||||
Quick ratio | 99.1 | 63.4 | 35.3 | 1.8 | 5.9 |
Current ratio | 99.1 | 63.4 | 35.3 | 1.8 | 5.9 |
Cash and cash equivalents | 341.42 | 457.23 | 92.85 | 86.07 | 4.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 69.4 % | 193.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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