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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
2023
2024/6
Bankruptcy risk for industry  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  12.4% 16.5% 33.1% 24.8% 23.0%  
Credit score (0-100)  20 11 0 2 3  
Credit rating  BB BB C B B  
Credit limit (kDKK)  0.0 0.0 -0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
2023
2024/6

Net sales  1,916 1,895 0 0 0  
Gross profit  731 731 577 661 866  
EBITDA  5.7 4.9 -366 62.1 182  
EBIT  5.7 4.9 -366 62.1 182  
Pre-tax profit (PTP)  5.4 3.6 -342.9 32.0 174.8  
Net earnings  4.3 -1.6 -268.6 11.1 134.7  
Pre-tax profit without non-rec. items  5.4 3.6 -343 32.0 175  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
2023
2024/6

Tangible assets total  0.0 0.0 0.0 0.0 0.0  
Shareholders equity total  98.9 97.3 -149 -138 -3.1  
Interest-bearing liabilities  0.0 0.0 0.0 62.8 54.3  
Balance sheet total (assets)  312 485 436 387 307  

Net Debt  -169 -109 -88.3 25.6 26.9  
 
See the entire balance sheet

Volume 
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
2023
2024/6

Net sales  1,916 1,895 0 0 0  
Net sales growth  1.6% -1.1% -100.0% 0.0% 0.0%  
Gross profit  731 731 577 661 866  
Gross profit growth  -2.0% 0.1% -21.0% 14.5% 30.9%  
Employees  0 0 0 2 2  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  312 485 436 387 307  
Balance sheet change%  -12.1% 55.6% -10.2% -11.2% -20.6%  
Added value  5.7 4.9 -366.0 62.1 182.3  
Added value %  0.3% 0.3% 0.0% 0.0% 0.0%  
Investments  0 0 0 0 0  

Net sales trend  1.0 -1.0 -2.0 0.0 0.0  
EBIT trend  1.0 2.0 -1.0 1.0 2.0  

Profitability 
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
2023
2024/6
EBITDA %  0.3% 0.3% 0.0% 0.0% 0.0%  
EBIT %  0.3% 0.3% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  0.8% 0.7% -63.4% 9.4% 21.1%  
Net Earnings %  0.2% -0.1% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.2% -0.1% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.3% 0.2% 0.0% 0.0% 0.0%  
ROA %  1.7% 1.2% -63.3% 11.2% 43.7%  
ROI %  5.9% 5.0% -696.0% 197.8% 311.5%  
ROE %  4.4% -1.6% -100.8% 2.7% 38.8%  

Solidity 
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
2023
2024/6
Equity ratio %  31.7% 20.1% -25.5% -26.3% -1.0%  
Relative indebtedness %  11.1% 20.5% 0.0% 0.0% 0.0%  
Relative net indebtedness %  2.3% 14.7% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -2,960.1% -2,224.1% 24.1% 41.3% 14.7%  
Gearing %  0.0% 0.0% 0.0% -45.6% -1,738.0%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 0.0% 95.7% 12.9%  

Liquidity 
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
2023
2024/6
Quick Ratio  0.8 0.9 0.3 0.5 0.5  
Current Ratio  1.0 1.0 0.5 0.6 0.8  
Cash and cash equivalent  169.3 109.4 88.3 37.2 27.4  

Capital use efficiency 
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
2023
2024/6
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  15.3 7.1 0.0 0.0 0.0  
Current assets / Net sales %  10.9% 20.5% 0.0% 0.0% 0.0%  
Net working capital  -3.5 0.1 -320.4 -193.0 -58.3  
Net working capital %  -0.2% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2020/6
2020
2021/6
2021
2022/6
2022
2023/6
2023
2024/6
Net sales / employee  0 0 0 0 0  
Added value / employee  0 0 0 31 91  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 31 91  
EBIT / employee  0 0 0 31 91  
Net earnings / employee  0 0 0 6 67