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)
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 |