ASD Innovation and Trading ApS — Credit Rating and Financial Key Figures

ASD Innovation and Trading ApS (CVR number: 39461560) is a company from SKANDERBORG. The company recorded a gross profit of -3.3 kDKK in 2023. The operating profit was -3.3 kDKK, while net earnings were -12 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ASD Innovation and Trading ApS's liquidity measured by quick ratio was 4 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.