Assens Fjernvarme Service A/S — Credit Rating and Financial Key Figures

Assens Fjernvarme Service A/S (CVR number: 40517537) is a company from ASSENS. The company reported a net sales of 14.1 mDKK in 2023, demonstrating a growth of 15.9 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 0.4 mDKK), while net earnings were 333.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. Assens Fjernvarme Service A/S's liquidity measured by quick ratio was 2.7 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.