AASTED HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AASTED HOLDING ApS
AASTED HOLDING ApS (CVR number: 71286010K) is a company from FURESØ. The company reported a net sales of 1103.6 mDKK in 2024, demonstrating a growth of 40.9 % compared to the previous year. The operating profit percentage was at 10.3 % (EBIT: 113.9 mDKK), while net earnings were 92.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent and Return on Equity (ROE) was 54.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AASTED HOLDING ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 570.51 | 502.13 | 576.12 | 783.49 | 1 103.57 |
Gross profit | 184.55 | 156.99 | 163.62 | 208.03 | 291.44 |
EBIT | 38.72 | 29.54 | 30.37 | 65.69 | 113.85 |
Net earnings | 31.27 | 19.66 | 22.72 | 54.24 | 92.87 |
Shareholders equity total | 197.98 | 195.71 | 168.71 | 197.24 | 235.11 |
Balance sheet total (assets) | 419.73 | 419.82 | 464.00 | 660.62 | 659.71 |
Net debt | - 151.69 | -73.65 | |||
Profitability | |||||
EBIT-% | 6.8 % | 5.9 % | 5.3 % | 8.4 % | 10.3 % |
ROA | 9.3 % | 7.0 % | 6.9 % | 12.9 % | 18.4 % |
ROE | 17.0 % | 10.0 % | 12.5 % | 33.2 % | 54.5 % |
ROI | 9.3 % | 7.0 % | 6.9 % | 20.2 % | 43.0 % |
Economic value added (EVA) | 30.24 | 19.59 | 20.53 | 43.06 | 89.55 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 30.2 % | 36.6 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | 32.1 % | 25.3 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | |||
Current ratio | 1.5 | 1.6 | |||
Cash and cash equivalents | 151.70 | 73.65 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.1 | 37.3 | |||
Net working capital % | 23.9 % | 18.8 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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