ASKO AKTIESELSKAB — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASKO AKTIESELSKAB
ASKO AKTIESELSKAB (CVR number: 28866275K) is a company from AARHUS. The company recorded a gross profit of 76.9 mDKK in 2020. The operating profit was -2272 kDKK, while net earnings were -6828 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -11 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.8 %, 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. ASKO AKTIESELSKAB's liquidity measured by quick ratio was 0.8 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 686 629.00 | ||||
Gross profit | 312 549.00 | 80 626.00 | 78 963.00 | 86 720.00 | 76 882.00 |
EBIT | 63 875.00 | 4 052.00 | 6 009.00 | 8 326.00 | -2 272.00 |
Net earnings | 25 979.00 | 29 547.00 | 3 591.00 | 4 247.00 | -6 828.00 |
Shareholders equity total | 284 847.00 | 62 845.00 | 66 436.00 | 70 683.00 | 53 855.00 |
Balance sheet total (assets) | 1 037 725.00 | 151 447.00 | 158 551.00 | 154 885.00 | 133 158.00 |
Net debt | 452 903.00 | 13 289.00 | 11 039.00 | 5 499.00 | 14 316.00 |
Profitability | |||||
EBIT-% | 3.8 % | ||||
ROA | 6.3 % | 0.8 % | 4.0 % | 5.4 % | -5.2 % |
ROE | 15.3 % | 25.4 % | 5.6 % | 6.2 % | -11.0 % |
ROI | 8.4 % | 1.0 % | 5.2 % | 6.9 % | -6.6 % |
Economic value added (EVA) | 38 906.68 | -17 074.64 | 4 151.96 | 4 320.50 | -3 020.52 |
Solvency | |||||
Equity ratio | 32.3 % | 41.6 % | 42.1 % | 45.9 % | 40.8 % |
Gearing | 170.4 % | 62.1 % | 63.3 % | 45.3 % | 48.2 % |
Relative net indebtedness % | 42.1 % | ||||
Liquidity | |||||
Quick ratio | 0.4 | 1.0 | 0.9 | 1.1 | 0.8 |
Current ratio | 1.2 | 1.5 | 1.4 | 1.6 | 1.3 |
Cash and cash equivalents | 32 595.00 | 25 733.00 | 31 014.00 | 26 520.00 | 11 633.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 36.0 | ||||
Net working capital % | 6.0 % | ||||
Credit risk | |||||
Credit rating | AA | AAA | AAA | AAA | A |
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