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
Thomas Garrahan (CEO)
Christian Herkel (COO)
Supervisory Board
Aston Fallen (Chairman)
Wolfgang Muller (Deputy Chairman)
Michael Baumann
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
- Focus on operating profitability in 2021; ready to invest in growth
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 |
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