Company Profile

asknet Solutions at a Glance

asknet Solutions AG is a leading procurement, e-commerce and payment specialist. We offer software procurement and sales services for European academic institutions, students and alumni. The procurement portals offered by asknet are used by more than 80% of German colleges and universities.

Headquarter
Karlsruhe (Germany)

Executive Board
Christian Herkel (CEO + Chairman of the Board)

Supervisory Board
Jakub Kokoszka (Chairman)

Accounting standard
HGB (German Commercial Code)

Established
September 12, 1995

 

Investment Highlights 

  • Dominant position in the German-speaking academic market
  • Strategic focus on EdTech with a new senior management team and an extended business development team
  • Successful projects in 2020 with the IBM federal state framework agreement, the DELL hosted shopping application and the Blackboard partnership

 

Key Figures of asknet Solutions AG

(in million euros)
2015
2016
2017
2018
2019
2020
Sales revenues
73.32
68.72
66.16
85.84
84.31
81.90
Gross profit
10.39
8.92
8.52
9.65
9.30
11.03
Gross profit margin
14.2%
13.0%
12.9%
11.2%
11.1%
13.1%
EBIT
0.09
-1.65
0.59
-1.86
-2.71
-1.19
Net result
0.08
-2.50
0.07
-1.83
-2.67
-1.60

Subscribe to the investor newsletter