A.S.H Holding Tønning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About A.S.H Holding Tønning ApS
A.S.H Holding Tønning ApS (CVR number: 41222123) is a company from HORSENS. The company recorded a gross profit of -6.3 kDKK in 2023. The operating profit was -6.3 kDKK, while net earnings were 424.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.9 %, which can be considered excellent and Return on Equity (ROE) was 47 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.7 %, 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. A.S.H Holding Tønning 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -5.69 | -4.85 | -5.29 | -6.28 |
| EBIT | -5.69 | -4.85 | -5.29 | -6.28 |
| Net earnings | 144.25 | 185.21 | 462.06 | 424.39 |
| Shareholders equity total | 160.34 | 345.54 | 750.40 | 1 056.99 |
| Balance sheet total (assets) | 1 147.85 | 1 361.40 | 1 562.70 | 1 714.07 |
| Net debt | 700.43 | 664.10 | 570.80 | 471.42 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 13.4 % | 17.7 % | 33.8 % | 27.9 % |
| ROE | 90.0 % | 73.2 % | 84.3 % | 47.0 % |
| ROI | 13.5 % | 19.0 % | 37.3 % | 29.9 % |
| Economic value added (EVA) | -3.68 | 27.08 | 20.57 | 2.96 |
| Solvency | ||||
| Equity ratio | 14.0 % | 25.4 % | 48.0 % | 61.7 % |
| Gearing | 461.4 % | 195.8 % | 77.6 % | 45.7 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.1 | 0.5 | 0.9 | 1.2 |
| Current ratio | 0.1 | 0.5 | 0.9 | 1.2 |
| Cash and cash equivalents | 39.43 | 12.53 | 11.49 | 11.31 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | A | A | A | A |
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