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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