Ashiqs N ApS — Credit Rating and Financial Key Figures

CVR number: 36723599
Nørrebrogade 171, 2200 København N

Company information

Official name
Ashiqs N ApS
Personnel
12 persons
Established
2015
Company form
Private limited company
Industry

About Ashiqs N ApS

Ashiqs N ApS (CVR number: 36723599) is a company from KØBENHAVN. The company reported a net sales of 3.7 mDKK in 2020, demonstrating a growth of 35.5 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 0.1 mDKK), while net earnings were 109.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.2 %, which can be considered excellent and Return on Equity (ROE) was 74.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.4 %, 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. Ashiqs N ApS's liquidity measured by quick ratio was 1.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales3 070.793 675.233 500.002 735.253 705.68
Gross profit856.351 569.941 400.001 503.072 731.34
EBIT-18.35-27.77-10.00112.27140.41
Net earnings-18.39-27.94-10.0098.20109.51
Shareholders equity total31.613.66-6.3491.86201.17
Balance sheet total (assets)228.52403.02230.37468.04377.05
Net debt-52.93- 137.45-63.37- 207.83- 104.39
Profitability
EBIT-%-0.6 %-0.8 %-0.3 %4.1 %3.8 %
ROA-8.0 %-8.8 %-3.1 %31.9 %33.2 %
ROE-58.2 %-158.5 %-8.5 %60.9 %74.7 %
ROI-58.1 %-157.4 %-546.0 %106.8 %68.3 %
Economic value added (EVA)-18.35-26.69-3.28101.40118.45
Solvency
Equity ratio13.8 %0.9 %-2.7 %19.6 %53.4 %
Gearing128.8 %
Relative net indebtedness %4.7 %7.1 %5.0 %1.1 %1.9 %
Liquidity
Quick ratio0.80.80.51.01.3
Current ratio0.90.90.81.11.9
Cash and cash equivalents52.93137.4563.37326.13104.39
Capital use efficiency
Trade debtors turnover (days)10.45.21.03.413.0
Net working capital %-0.7 %-1.3 %-1.7 %1.8 %4.2 %
Credit risk
Credit ratingBBBBBC

Variable visualization

ROA:33.2%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.4%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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