ASKØE TRANSPORT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASKØE TRANSPORT ApS
ASKØE TRANSPORT ApS (CVR number: 34225117) is a company from AARHUS. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -36.1 % compared to the previous year. The operating profit percentage was poor at -43.7 % (EBIT: -0.1 mDKK), while net earnings were 141.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.6 %, which can be considered excellent and Return on Equity (ROE) was 55.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43 %, 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. ASKØE TRANSPORT ApS's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 512.20 | 488.00 | 459.39 | 529.70 | 338.30 |
Gross profit | 512.20 | 488.00 | 459.39 | 529.70 | 338.30 |
EBIT | 20.44 | -0.87 | -17.08 | 61.18 | - 147.75 |
Net earnings | 22.41 | -0.91 | -21.06 | 58.49 | 141.25 |
Shareholders equity total | 176.99 | 176.07 | 155.01 | 213.51 | 294.76 |
Balance sheet total (assets) | 421.38 | 416.65 | 352.37 | 434.79 | 685.86 |
Net debt | - 213.64 | - 194.25 | -83.30 | - 200.92 | - 441.93 |
Profitability | |||||
EBIT-% | 4.0 % | -0.2 % | -3.7 % | 11.6 % | -43.7 % |
ROA | 5.1 % | -0.2 % | -4.4 % | 15.5 % | 31.6 % |
ROE | 13.5 % | -0.5 % | -12.7 % | 31.7 % | 55.6 % |
ROI | 12.1 % | -0.5 % | -10.1 % | 32.7 % | 69.1 % |
Economic value added (EVA) | 29.46 | 4.67 | -11.22 | 62.35 | - 116.01 |
Solvency | |||||
Equity ratio | 42.0 % | 42.3 % | 44.0 % | 49.1 % | 43.0 % |
Gearing | |||||
Relative net indebtedness % | 5.5 % | 8.9 % | 24.2 % | 3.3 % | -15.6 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | 1.8 | 2.0 | 1.8 |
Current ratio | 1.7 | 1.8 | 1.8 | 2.0 | 1.8 |
Cash and cash equivalents | 213.64 | 194.25 | 83.30 | 200.92 | 441.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 138.9 | 156.6 | 204.0 | 152.5 | 253.3 |
Net working capital % | 35.1 % | 36.7 % | 34.3 % | 40.8 % | 87.7 % |
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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