ABSON INDUSTRY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ABSON INDUSTRY ApS
ABSON INDUSTRY ApS (CVR number: 33151926) is a company from HERNING. The company recorded a gross profit of 1426.7 kDKK in 2023. The operating profit was -887 kDKK, while net earnings were -930.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -15.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ABSON INDUSTRY ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 273.98 | 2 662.09 | 2 893.19 | 2 516.35 | 1 426.66 |
EBIT | 1 204.05 | 536.75 | 635.77 | 529.60 | - 887.04 |
Net earnings | 961.44 | -89.89 | 366.27 | 421.80 | - 930.82 |
Shareholders equity total | 5 928.02 | 5 838.13 | 6 204.40 | 6 626.20 | 5 695.38 |
Balance sheet total (assets) | 12 628.18 | 12 017.21 | 13 704.25 | 12 550.67 | 14 225.95 |
Net debt | 4 842.34 | 5 338.38 | 6 259.21 | 5 002.87 | 5 890.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.1 % | 4.4 % | 6.6 % | 5.3 % | -6.6 % |
ROE | 17.6 % | -1.5 % | 6.1 % | 6.6 % | -15.1 % |
ROI | 13.6 % | 4.8 % | 7.2 % | 5.7 % | -7.3 % |
Economic value added (EVA) | 702.72 | 253.33 | 159.83 | 96.41 | -1 023.38 |
Solvency | |||||
Equity ratio | 46.9 % | 48.6 % | 45.3 % | 52.8 % | 40.0 % |
Gearing | 86.5 % | 92.1 % | 102.2 % | 77.9 % | 119.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.6 | 0.8 | 0.8 | 0.7 |
Current ratio | 0.8 | 0.6 | 0.8 | 0.8 | 0.7 |
Cash and cash equivalents | 287.94 | 35.83 | 80.53 | 159.08 | 918.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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