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<!-- Creation Date :2023-04-27T12:49:06.8579+00:00 -->
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    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_Equity" xlink:label="ifrs-full_Equity"/>
    <link:loc xlink:type="locator" xlink:href="asnd-20230331.xsd#asnd_CommercialCustomersMember" xlink:label="asnd_CommercialCustomersMember"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_MajorCustomersAxis" xlink:label="ifrs-full_MajorCustomersAxis"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialLiabilitiesAtFairValueMember" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueMember"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_ProfitLossBeforeTax" xlink:label="ifrs-full_ProfitLossBeforeTax"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_DisclosureOfOperatingSegmentsLineItems" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsLineItems"/>
    <link:loc xlink:type="locator" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_FinancialAssetsAtAmortisedCostMember" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCostMember"/>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AllLevelsOfFairValueHierarchyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">All levels of fair value hierarchy [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RestatedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Currently stated [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RestatedMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Currently stated [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ShorttermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ShorttermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Granted during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsGrantedInSharebasedPaymentArrangement2019_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average exercise price of other equity instruments granted in share-based payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureDetailedInformationAboutMarketableSecuritiesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Summary of Marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureDetailedInformationAboutMarketableSecuritiesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure Detailed Information About Marketable Securities [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureDetailedInformationAboutMarketableSecuritiesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure detailed information about marketable securities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentTaxLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income taxes payable</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentTaxLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current tax liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_UnobservableInputsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unobservable inputs [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of fair value measurement of liabilities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GrossProfit_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Gross profit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GrossProfit_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gross profit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GrossProfit_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Gross profit</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsThresholdPercentageOfSalePricePerShareForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings threshold percentage of sale price per share for redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsThresholdPercentageOfSalePricePerShareForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings Threshold Percentage Of Sale Price Per Share For Redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsThresholdPercentageOfSalePricePerShareForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Borrowings threshold percentage of sale price per share for redemption.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_FairValueHierarchyCarryingAmountMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Carrying amount [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_FairValueHierarchyCarryingAmountMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy Carrying Amount [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_FairValueHierarchyCarryingAmountMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fair value hierarchy carrying amount.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Revenue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Total revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Revenue_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Revenue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Revenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LicenceFeeIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">"Right-to-use" licenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LicenceFeeIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Licence fee income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Assets and Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of financial instruments [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CollaborationPartnerOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaboration partner one [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CollaborationPartnerOneMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Collaboration Partner One.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PurchaseOfAvailableforsaleFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Purchase of marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PurchaseOfAvailableforsaleFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Purchase of available-for-sale financial assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TimingOfTransferOfGoodsOrServicesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Timing of transfer of goods or services [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageDurationOfMarketableSecuritiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average Duration Of Marketable Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageDurationOfMarketableSecuritiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Duration Of Marketable Securities Explanatory</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageDurationOfMarketableSecuritiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average duration of marketable securities explanatory.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of fair value measurement of assets [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfOtherEquityInstrumentsSettledInShareBasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Settled during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfOtherEquityInstrumentsSettledInShareBasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Other Equity Instruments Settled In Share Based Payment Arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfOtherEquityInstrumentsSettledInShareBasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of other equity instruments settled in share based payment arrangement.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageExercisePriceOfOtherEquityInstrumentsVestedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vested at the balance sheet date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageExercisePriceOfOtherEquityInstrumentsVestedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average exercise price of other equity instruments vested in sharebased payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageExercisePriceOfOtherEquityInstrumentsVestedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average exercise price of other equity instruments vested in share-based payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial assets by category</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Categories of financial assets [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TreasurySharesOfNominalValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">March 31, 2023 (Nominal values)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TreasurySharesOfNominalValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">January 1, 2023 (Nominal values)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TreasurySharesOfNominalValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Treasury Shares Of Nominal Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TreasurySharesOfNominalValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Treasury shares of nominal value.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfOtherEquityInstrumentsTransferredInShareBasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Transferred during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfOtherEquityInstrumentsTransferredInShareBasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Other Equity Instruments Transferred In Share Based Payment Arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfOtherEquityInstrumentsTransferredInShareBasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of other equity instruments transferred in share based payment arrangement.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TreasurySharesHoldingInPercentageOfTotalOutstandingShares_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">March 31, 2023(Holding in % of total outstanding shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TreasurySharesHoldingInPercentageOfTotalOutstandingShares_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">January 1, 2023 (Holding in % of total outstanding shares)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TreasurySharesHoldingInPercentageOfTotalOutstandingShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Treasury Shares Holding In Percentage Of Total Outstanding Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TreasurySharesHoldingInPercentageOfTotalOutstandingShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Treasury shares holding in percentage of total outstanding shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AdjustmentsForNonCashConsiderationRegardingRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments For Non Cash Consideration Regarding Revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AdjustmentsForNonCashConsiderationRegardingRevenue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Adjustments for non cash consideration regarding revenue.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AdjustmentsForNonCashConsiderationRegardingRevenue_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Non-cash consideration relating to revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Retrospective application and retrospective restatement [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RetrospectiveApplicationAndRetrospectiveRestatementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retrospective application and retrospective restatement [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General Information</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of general information about financial statements [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Classes of assets [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfAssetsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Classes of assets [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfCurrentFinancialAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Categories of current financial assets [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GeographicalAreasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Geographical areas [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GeographicalAreasMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Geographical areas [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Items that may be reclassified subsequently to profit or loss:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ComponentsOfOtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTaxAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Components of other comprehensive income that will be reclassified to profit or loss, net of tax [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total financial assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Financial assets at beginning of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Financial assets at end of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConversionPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversion price per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConversionPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Conversion Price Per Share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConversionPricePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Conversion price per share.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GoodsOrServicesTransferredOverTimeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Goods or services transferred over time [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfPropertyPlantAndEquipmentAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Classes of property, plant and equipment [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of maturity analysis for derivative financial liabilities [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_HistoricalVolatilityForSharesMeasurementInputMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Historical volatility for shares, measurement input [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exercised during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement2019_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average exercise price of other equity instruments exercised or vested in share-based payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressesAddressTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Addresses, Address Type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total property, plant and equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Property, plant and equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Property, plant and equipment at beginning of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Property, plant and equipment at end of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Profit or loss [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current financial liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current financial liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_HighGradeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">High Grade [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_HighGradeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">High grade member.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_InterestRateTypesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Interest rate types [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_InterestRateTypesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Interest rate types [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of terms and conditions of share-based payment arrangement [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total non-current assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-current assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of maturity analysis for derivative financial liabilities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_VestingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Vesting [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_VestingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Vesting</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_VestingMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vesting [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfShareCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share capital [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfShareCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share capital [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ForeignCurrencyRiskAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Foreign Currency Risk [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ForeignCurrencyRiskAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Currency Risk [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ForeignCurrencyRiskAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Foreign currency risk.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConvertibleSeniorNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Convertible Senior Notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConvertibleSeniorNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Convertible senior notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConvertibleSeniorNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Convertible Senior Notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConvertibleSeniorNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Convertible senior notes.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) operating activities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_RestrictedStockUnitsAndPerformanceStockUnitMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Stock Units and Performance Stock Unit [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_RestrictedStockUnitsAndPerformanceStockUnitMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Restricted stock units and performance stock unit.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CorporateBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Corporate bonds [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CorporateBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Corporate bonds [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CorporateBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Corporate bonds [Member].</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfAssetsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of fair value measurement of assets [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Categories of financial liabilities [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Categories of financial liabilities [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_InvestmentsInAssociates_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in associate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_InvestmentsInAssociates_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments in associates reported in separate financial statements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Inventories_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current inventories</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Inventories_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Inventories</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Inventories_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current inventories</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GoodsOrServicesTransferredAtPointInTimeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Goods or services transferred at point in time [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Share of profit / (loss) of associate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share of profit / (loss) of associate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ShareOfProfitLossOfAssociatesAccountedForUsingEquityMethod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share of profit (loss) of associates accounted for using equity method</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfNonadjustingEventsAfterReportingPeriodAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of non-adjusting events after reporting period [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RevenueFromRenderingOfServices_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Rendering of services</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RevenueFromRenderingOfServices_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from rendering of services</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsThresholdTradingDaysForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings threshold trading days for redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsThresholdTradingDaysForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings Threshold Trading Days For Redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsThresholdTradingDaysForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Borrowings Threshold Trading Days For Redemption.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Attributable to owners of the Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncomeAttributableToOwnersOfParent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive income, attributable to owners of parent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfFinancialAssetsAndLiabilitiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Financial Assets and Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfFinancialAssetsAndLiabilitiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure Of Financial Assets And Liabilities [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfFinancialAssetsAndLiabilitiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure Of Financial Assets And Liabilities [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInPrepaidExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepayments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInPrepaidExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for decrease (increase) in prepaid expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Inventories</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInInventories_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for decrease (increase) in inventories</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfInformationAboutTreasurySharesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Treasury Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfInformationAboutTreasurySharesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure Of Information About Treasury Shares Explanatory</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfInformationAboutTreasurySharesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of information about treasury shares explanatory.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of terms and conditions of share-based payment arrangement [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TypesOfFinancialLiabilitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Types of financial liabilities [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageDurationOfMarketableSecuritiesNoncurrentExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average Duration Of Marketable Securities Noncurrent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageDurationOfMarketableSecuritiesNoncurrentExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Duration Of Marketable Securities Noncurrent Explanatory</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageDurationOfMarketableSecuritiesNoncurrentExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average duration of Marketable securities noncurrent explanatory.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialAssetsAvailableforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Non-current financial marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialAssetsAvailableforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialAssetsAvailableforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-current financial assets available-for-sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">After 5 years [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LaterThanThreeYearsAndNotLaterThanFiveYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Later than three years and not later than five years [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Significant Accounting Judgements and Estimates</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfAccountingJudgementsAndEstimatesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of accounting judgements and estimates [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfOtherEquityInstrumentsVestedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vested at the balance sheet date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfOtherEquityInstrumentsVestedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of other equity instruments vested in share-based payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfOtherEquityInstrumentsVestedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of other equity instruments vested in share-based payment arrangement.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares used for calculation (basic and diluted)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average number of ordinary shares used in calculating basic earnings per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentProvisions_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current provisions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentProvisions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Provisions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentProvisions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current provisions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NewIFRSsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">New IFRSs [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NewIFRSsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New IFRSs [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Increase / (decrease) in cash and cash equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) in cash and cash equivalents before effect of exchange rate changes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfWarrantsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of warrants outstanding.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfWarrantsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of warrants outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfWarrantsOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrants outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net profit / (loss) for the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net profit / (loss) for the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net profit / (loss) for the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProfitLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Lease liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total lease liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Lease liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds From Issuance Of Notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProceedsFromIssueOfBondsNotesAndDebentures_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from issue of bonds, notes and debentures</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of detailed information about financial instruments [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Net gains (losses) on change in fair value of derivatives</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gains (losses) on change in fair value of derivatives</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GainsLossesOnChangeInFairValueOfDerivatives_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gains (losses) on change in fair value of derivatives</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureDetailedInformationAboutMarketableSecuritiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure Detailed Information About Marketable Securities [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureDetailedInformationAboutMarketableSecuritiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure Detailed Information About Marketable Securities LineItems.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial liabilities by category</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Categories of financial liabilities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ExercisePriceOfOutstandingShareOptions2019_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Exercise price of outstanding share options</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ExercisePriceOfOutstandingShareOptions2019_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exercise price of outstanding share options</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementRestrictedStockUnitActivityTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sharebased Payment Arrangement, Restricted Stock Unit, Activity [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementRestrictedStockUnitActivityTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based payment arrangement, restricted stock unit, activity.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfHoldingOfTreasurySharesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure Of Holding Of Treasury Shares [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfHoldingOfTreasurySharesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of holding of treasury shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeOtherThanContractLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contract liabilities (deferred income)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeOtherThanContractLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for increase (decrease) in deferred income other than contract liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total non-current financial liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-current&#160;liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-current financial liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_MaturityAnalysisForFinancialLiabilitiesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Summary of Maturity Analysis For Financial Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_MaturityAnalysisForFinancialLiabilitiesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maturity Analysis For Financial Liabilities [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_MaturityAnalysisForFinancialLiabilitiesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Maturity analysis for financial liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_StatementOfComprehensiveIncomeAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of comprehensive income [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentPrepayments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current prepayments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentPrepayments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Prepayments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentPrepayments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current prepayments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ParValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Share nominal value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ParValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Par value per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentContractLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current contract liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentContractLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contract liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentContractLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current contract liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementRestrictedStockUnitActivityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sharebased Payment Arrangement, Restricted Stock Unit, Activity [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementRestrictedStockUnitActivityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based payment arrangement, restricted stock unit, activity.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Net cash flows from (used in) financing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash flows from / (used in) financing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) financing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of fair value measurement of liabilities [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total trade and other payables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trade payables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trade and other payables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TradeReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trade receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TradeReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trade receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Period Focus</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GeographicalAreasAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Geographical areas [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_GeographicalAreasAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Geographical areas [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Adjustments for non-cash items:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForReconcileProfitLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments to reconcile profit (loss) [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDepreciationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Depreciation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDepreciationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for depreciation expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DerivativeFinancialLiabilitiesAtFairValueTransfered_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Transfered</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DerivativeFinancialLiabilitiesAtFairValueTransfered_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Financial Liabilities at Fair Value Transfered</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DerivativeFinancialLiabilitiesAtFairValueTransfered_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative financial liabilities at fair value transfered.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total financial liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contractual Undiscounted Cashflow Of Financial Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Contractual undiscounted cashflow of financial liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial instruments, class [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trade payables and accrued expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherCurrentPayablesToTradeSuppliers_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current trade payables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement2019_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement2019_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement2019_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average exercise price of other equity instruments outstanding in share-based payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfNoncurrentFinancialLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Classified in the statement of financial position</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfNoncurrentFinancialLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Categories of non-current financial liabilities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_SharePremiumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Premium [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ReconciliationOfChangesInFairValueMeasurementLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reconciliation of changes in fair value measurement, liabilities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTreasurySharesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Holding of Treasury Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTreasurySharesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of treasury shares [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ShareBasedPaymentArrangementAwardTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share based Payment Arrangement, Award type [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ShareBasedPaymentArrangementAwardTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based payment arrangement, award type.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SaleOfStockDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale Of Stock [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SaleOfStockDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sale Of Stock.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Net cash flows from (used in) investing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash flows from / (used in) investing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) investing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementRestrictedStockUnitActivityTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Share Based Payment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementRestrictedStockUnitActivityTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sharebased Payment Arrangement, Restricted Stock Unit, Activity [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementRestrictedStockUnitActivityTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sharebased payment arrangement, restricted stock unit, activity.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Attributable to owners of the Company</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProfitLossAttributableToOwnersOfParent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss), attributable to owners of parent</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentTaxAssetsCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income tax receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentTaxAssetsCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current tax assets, current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of financial position [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ReversalOfGainLossOnPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reversal of gain and loss on disposal of property, plant and equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ReversalOfGainLossOnPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reversal Of Gain Loss On Property Plant And Equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ReversalOfGainLossOnPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Reversal of gain loss on property plant and equipment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsInArrearsDefaultPaymentStartDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings in arrears default payment start date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsInArrearsDefaultPaymentStartDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings In Arrears Default Payment Start Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsInArrearsDefaultPaymentStartDate_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Borrowings in arrears default payment start date.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AntidilutiveSecuritiesNotIncludedInDilutedEarningsPerShareAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities Not Included In Diluted Earnings Per Share [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AntidilutiveSecuritiesNotIncludedInDilutedEarningsPerShareAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Antidilutive securities not included in diluted earnings per share.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_IncomeStatementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_IncomeStatementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Income statement [Axis].</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInFinancingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) financing activities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_StatementOfCashFlowsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of cash flows [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total non-current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 1 [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Level1OfFairValueHierarchyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Level 1 of fair value hierarchy [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfMaturityAnalysisForDerivativeFinancialLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of maturity analysis for derivative financial liabilities [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AgencyBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Agency bonds [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AgencyBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Agency bonds [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AgencyBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Agency bonds [Member].</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Financial liabilities at amortised cost, Total</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial liabilities measured at amortized cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities at amortised cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IssuedCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total issued capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IssuedCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IssuedCapital_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Issued capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revenue</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfRevenueExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of revenue [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentySixMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2026</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentySixMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand And Twenty six [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentySixMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two thousand and twenty six.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total number of shares issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of shares issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of shares issued</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherCurrentReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherCurrentReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other current receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RevenueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disclosure of Operating Segments [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RevenueAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PurchaseOfTreasuryShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Purchase of treasury shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PurchaseOfTreasuryShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Acquisition of treasury shares (Note 9)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PurchaseOfTreasuryShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisition of treasury shares (Note 9)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total financial liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Derivative Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentDerivativeFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-current derivative financial liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfNoncurrentFinancialAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Classified in the statement of financial position</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfNoncurrentFinancialAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Categories of non-current financial assets [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfWarrantActivityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disclosure Of Warrant Activity [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfWarrantActivityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure Of Warrant Activity [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfWarrantActivityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure Of Warrant Activity [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of reasonably possible increase in unobservable input, liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PercentageOfReasonablyPossibleIncreaseInUnobservableInputLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of reasonably possible increase in unobservable input, liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInInvestingActivitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) investing activities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AddressTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Address Type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfSignificantAccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disclosure of summary of significant accounting policies [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfSignificantAccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of summary of significant accounting policies [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfSignificantAccountingPoliciesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of summary of significant accounting policies [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total financial liabilities at fair value through profit or loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial liabilities measured at fair value through profit or loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtFairValueThroughProfitOrLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities at fair value through profit or loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConversionRatePerNote_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Conversion rate per note</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConversionRatePerNote_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Conversion Rate Per Note</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConversionRatePerNote_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Conversion rate per note.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentLiabilities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current assets [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basis of Preparation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of basis of preparation of financial statements [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_RevenueFromSaleOfClinicalSupply_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sale of clinical supply</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_RevenueFromSaleOfClinicalSupply_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue From Sale Of Clinical Supply</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_RevenueFromSaleOfClinicalSupply_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Revenue from sale of clinical supply.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfConvertibleSeniorNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Convertible senior notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfConvertibleSeniorNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contractual Undiscounted Cashflow Of Convertible Senior Notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfConvertibleSeniorNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Convertible senior notes.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfGeneralInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of general information.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfGeneralInformationAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of General Information [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through transactions with owners, equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughTransactionsWithOwners_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Capital increase</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ExternalCreditGradesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">External credit grades [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ExternalCreditGradesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">External credit grades [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Financial assets measured at amortized cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtAmortisedCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets at amortised cost</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NonadjustingEventsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-adjusting events after reporting period [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NonadjustingEventsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-adjusting events after reporting period [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AmericanDepositorySharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">American depository shares [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AmericanDepositorySharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">American depository shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Significant Accounting Policies</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSummaryOfSignificantAccountingPoliciesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of significant accounting policies [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reserve of exchange differences on translation [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ReserveOfExchangeDifferencesOnTranslationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Foreign Currency Translation Reserve [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_MinimumNumberOfCollaborationPartnerAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum number of collaboration partner [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_MinimumNumberOfCollaborationPartnerAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Minimum Number of Collaboration Partner.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_HedgingInstrumentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Hedging instruments [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureDetailedInformationAboutMarketableSecuritiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure Detailed Information About Marketable Securities [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureDetailedInformationAboutMarketableSecuritiesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure detailed information about marketable securities table.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trade payables and accrued expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TradeAndOtherPayablesToTradeSuppliers_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trade payables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesTypeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities, type [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LongtermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total non-current portion of non-current borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LongtermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LongtermBorrowings_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-current portion of non-current borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageDurationOfMarketableSecuritiesCurrentExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Weighted Average Duration Of Marketable Securities Current</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageDurationOfMarketableSecuritiesCurrentExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted Average Duration Of Marketable Securities Current Explanatory</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_WeightedAverageDurationOfMarketableSecuritiesCurrentExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Weighted average duration of marketable securities current.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCostMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial liabilities at amortised cost, class [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesAtAmortisedCostMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities at amortised cost, class [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 3 [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Level3OfFairValueHierarchyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Level 3 of fair value hierarchy [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsCategoryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial assets, category [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsCategoryMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets, category [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase / (decrease) in provisions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForProvisions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for provisions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Categories of financial assets [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CategoriesOfFinancialAssetsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Categories of financial assets [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Components of equity [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ComponentsOfEquityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Components of equity [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AntidilutiveSecuritiesNotIncludedInDilutedEarningsPerShareMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Antidilutive Securities Not Included In Diluted Earnings Per Share [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_AntidilutiveSecuritiesNotIncludedInDilutedEarningsPerShareMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Antidilutive securities not Included In diluted earnings per share.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForAmortisationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amortization</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForAmortisationExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for amortisation expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Summary of Warrant Activity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfOtherEquityInstrumentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of number and weighted average exercise prices of other equity instruments [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_BorrowingsMaturity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings, maturity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisition of treasury shares, net of transaction costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payments To Acquire Or Redeem Entitys Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PaymentsToAcquireOrRedeemEntitysShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments to acquire or redeem entity's shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ReimbursementFromAcquisitionOfPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reimbursement from acquisition of property, plant and equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ReimbursementFromAcquisitionOfPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reimbursement From Acquisition of Property Plant and Equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ReimbursementFromAcquisitionOfPropertyPlantAndEquipment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Reimbursement from acquisition of property, plant and equipment.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_EuropeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Europe [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Operating profit / (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProfitLossFromOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Profit (loss) from operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Net cash flows from (used in) operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash flows from / (used in) operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CashDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Bank deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CashDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash Deposits</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CashDeposits_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Bank deposits.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentFinancialAssetsAvailableforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentFinancialAssetsAvailableforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current financial marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentFinancialAssetsAvailableforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current financial assets available-for-sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_VestingOfSharesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Vesting of shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_VestingOfSharesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Vesting Of Shares [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ZeroCouponMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Zero Coupon [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ZeroCouponMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Zero Coupon [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ZeroCouponMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Zero Coupon [Member].</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_PaymentTermOfCustomers_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payment Term Of Customers</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_PaymentTermOfCustomers_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payment Term Of Customers</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_PaymentTermOfCustomers_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Payment term of customers.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Assets at beginning of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Assets at end of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Income taxes refund (paid)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Income taxes received / (paid)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncomeTaxesPaidRefundClassifiedAsOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income taxes paid (refund), classified as operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_StatementOfChangesInEquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of changes in equity [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfGeographicalAreasAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Revenue from external customers (geographical)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfGeographicalAreasAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of geographical areas [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TimingOfTransferOfGoodsOrServicesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Timing of transfer of goods or services [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Line Items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_BorrowingsInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings Interest Rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_BorrowingsInterestRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings, interest rate</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_UsGovernmentBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">US Government Bonds [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_UsGovernmentBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">US Government Bonds [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_UsGovernmentBondsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">U.S. Government Bonds [Member].</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total comprehensive income / (loss)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ComprehensiveIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Comprehensive income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Effect of exchange rate changes on balances held in foreign currencies</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EffectOfExchangeRateChangesOnCashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effect of exchange rate changes on cash and cash equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfSignificantAccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of summary of significant accounting policies [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfSignificantAccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of summary of significant accounting policies [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SaleOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sale Of Stock [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SaleOfStockAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sale Of Stock.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of operating segments [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial assets, class [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets, class [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ProfitLossMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Profit Loss [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ProfitLossMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Profit loss.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ProfitLossMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Profit Loss [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperations_lbl" xlink:role="http://www.xbrl.org/2009/role/netLabel">Net cash flows from (used in) operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Cash flows generated from / (used in) operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashFlowsFromUsedInOperations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash flows from (used in) operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsOutstandingInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of other equity instruments outstanding in share-based payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based Payment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSharebasedPaymentArrangementsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of share-based payment arrangements [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsConditionForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings condition for redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsConditionForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings Condition For Redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsConditionForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Borrowings condition for redemption.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PropertyPlantAndEquipmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Property, plant and equipment [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ResearchAndDevelopmentExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Research and development costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ResearchAndDevelopmentExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Research and development expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_FairValueOfConvertibleNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value of Convertible Notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_FairValueOfConvertibleNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value of Convertible Notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_FairValueOfConvertibleNotes_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Fair value of convertible notes.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherCurrentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherCurrentLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForDecreaseIncreaseInTradeAndOtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for decrease (increase) in trade and other receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharePriceAppliedForValuation_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Share price</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharePriceAppliedForValuation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Price Applied For Valuation</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharePriceAppliedForValuation_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share price applied for valuation.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Bottom of range [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_BottomOfRangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Bottom of range [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_NorthAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">North America [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_NorthAmericaMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">North America [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_MarketableSecuritiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Marketable Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_MarketableSecuritiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Marketable Securities Explanatory</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_MarketableSecuritiesExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Marketable securities explanatory.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current financial assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current financial assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LiquidityRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liquidity risk [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LiquidityRiskMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liquidity risk [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Events</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfEventsAfterReportingPeriodExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of events after reporting period [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial assets at fair value, class [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAtFairValueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets at fair value, class [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Classes of financial assets [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialAssetsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Classes of financial assets [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DescriptionOfAccountingPolicyForConvertibleNotesAndDerivativeLiabilitiesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Convertible Senior Notes and Derivative Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DescriptionOfAccountingPolicyForConvertibleNotesAndDerivativeLiabilitiesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Description Of Accounting Policy For Convertible Notes And Derivative Liabilities [Policy Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DescriptionOfAccountingPolicyForConvertibleNotesAndDerivativeLiabilitiesPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Description of accounting policy for convertible notes and derivative liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of reasonably possible decrease in unobservable input, liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PercentageOfReasonablyPossibleDecreaseInUnobservableInputLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage of reasonably possible decrease in unobservable input, liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Ending balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning balance</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Derivative liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DerivativeFinancialLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative financial liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneYearMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Within 1 year [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NotLaterThanOneYearMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Not later than one year [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SignificantEventsInTheReportingPeriodTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Significant Events In the Reporting Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SignificantEventsInTheReportingPeriodTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Events In The Reporting Period [Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SignificantEventsInTheReportingPeriodTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Significant Events In The Reporting Period Text Block.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConvertibleSeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Convertible Senior Notes [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ConvertibleSeniorNotesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Convertible senior notes [Member].</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FixedInterestRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fixed interest rate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FixedInterestRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fixed interest rate [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of detailed information about financial instruments [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfReportableOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of reportable segment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfReportableOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of reportable operating segments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfReportableOperatingSegments_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of reportable operating segments.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialInstrumentsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Classes of financial instruments [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="country_CN_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">China [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="country_CN_lbl" xlink:role="http://www.xbrl.org/2003/role/label">CHINA</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementAwardTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sharebased Payment Arrangement, Award type [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementAwardTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share-based payment arrangement, award type.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DerivativeFinancialLiabilitiesAtFairValueRemeasurementRecognizedInFinancialIncomeOrExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Remeasurement recognized in financial income or expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DerivativeFinancialLiabilitiesAtFairValueRemeasurementRecognizedInFinancialIncomeOrExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Financial Liabilities at Fair Value Remeasurement Recognized in Financial Income Or Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DerivativeFinancialLiabilitiesAtFairValueRemeasurementRecognizedInFinancialIncomeOrExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative financial liabilities at fair value remeasurement recognized in financial income or expense.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DetailsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Details [Axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DetailsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Details.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_PerformanceStockUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Performance Stock Units [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_PerformanceStockUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Performance Stock Units [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_PerformanceStockUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Performance stock units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_MaturityAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maturity [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Granted during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of other equity instruments granted in share-based payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfInstrumentsOtherEquityInstrumentsGranted_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Granted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfVoluntaryChangeInAccountingPolicyAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of voluntary change in accounting policy [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NotionalAmount_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Notional amount</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_GoodwillAndOtherIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Intangible assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_GoodwillAndOtherIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Goodwill And Other Intangible Assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_GoodwillAndOtherIntangibleAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Goodwill and other intangible assets.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OrdinarySharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ordinary shares [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ReserveOfSharebasedPaymentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Reserve of share-based payments [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ReserveOfSharebasedPaymentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based Payment Reserve [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TypesOfRisksAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Types of risks [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TypesOfRisksAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Types of risks [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfTreasurySharesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of treasury shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfTreasurySharesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of treasury shares [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RevenueFromSaleOfGoods_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commercial sale of products</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RevenueFromSaleOfGoods_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Revenue from sale of goods</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentyFiveMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2025</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentyFiveMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two thousand and twenty five [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentyFiveMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two thousand and twenty five.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinanceIncome_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Reversal of finance income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinanceIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Finance income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinanceIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance income</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentyFourMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2024</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentyFourMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand And Twenty four [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentyFourMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two thousand and twenty four.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharePriceMeasurementInputMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Price Measurement Input [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharePriceMeasurementInputMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share price measurement input [member].</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfClassesOfShareCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of classes of share capital [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentTradeReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trade receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentTradeReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current trade receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_UpperMediumGradeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Upper Medium Grade [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_UpperMediumGradeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Upper medium grade.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">2023</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Two Thousand And Twenty Three [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_TwoThousandAndTwentyThreeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Two thousand and twenty three.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfFairValueHierarchyTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Fair Value Hierarchy</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfFairValueHierarchyTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of Summary of Fair Value Hierarchy [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfFairValueHierarchyTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of summary of fair value hierarchy.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_Warrant1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Warrants [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_Warrant1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Warrant1 [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_Warrant1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Warrants.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfHoldingOfTreasurySharesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure Of Holding Of Treasury Shares [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfHoldingOfTreasurySharesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of holding of treasury shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Settlement of marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProceedsFromDisposalOrMaturityOfAvailableforsaleFinancialAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from disposal or maturity of available-for-sale financial assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentInformationTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Information [Table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfTradePayablesAndOtherPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trade payables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfTradePayablesAndOtherPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contractual Undiscounted Cashflow Of Trade Payables And Other Payables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfTradePayablesAndOtherPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Contractual undiscounted cashflow of trade payables and other payables.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CollaborationPartnersAndLicenseAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Collaboration partners and license agreements [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CollaborationPartnersAndLicenseAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Collaboration partners and license agreements [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_CollaborationPartnersAndLicenseAgreementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Collaboration Partners and License Agreements.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFairValueMeasurementOfLiabilitiesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of fair value measurement of liabilities [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinanceCosts_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Finance costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Finance expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Reversal of finance expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinanceCosts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance costs</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAvailableforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialAssetsAvailableforsale_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial assets available-for-sale</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsThresholdConsecutiveTradingDaysForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings threshold consecutive trading days for redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsThresholdConsecutiveTradingDaysForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings Threshold Consecutive Trading Days For Redemption</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsThresholdConsecutiveTradingDaysForRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Borrowings threshold consecutive trading days for redemption.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">New International Financial Reporting Standards Not Yet Effective</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DescriptionOfInitialApplicationOfStandardsOrInterpretations_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of initial application of standards or interpretations [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Contract liabilities (deferred income)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total adjustments for increase (decrease) in deferred income including contract liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInDeferredIncomeIncludingContractLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for increase (decrease) in deferred income including contract liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DerivativeFinancialLiabilitiesAtFairValueSettled_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Settled</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DerivativeFinancialLiabilitiesAtFairValueSettled_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivative Financial Liabilities at Fair Value Settled</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DerivativeFinancialLiabilitiesAtFairValueSettled_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Derivative financial liabilities at fair value settled.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Retained earnings [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RetainedEarningsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Accumulated Deficit [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-current assets [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SignificantEventsInTheReportingPeriodAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Significant events in the reporting period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SignificantEventsInTheReportingPeriodAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Events in the Reporting Period [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_RestrictedStockUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Restricted Stock Units [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_RestrictedStockUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Restricted stock units.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_RestrictedStockUnitsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted Stock Units [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disclosure of summary of significant accounting policies [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure Of Summary Of Significant Accounting Policies [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSummaryOfSignificantAccountingPoliciesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Line items representing the disclosure of summary of significant accounting policies.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase (decrease) through share-based payment transactions, equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IncreaseDecreaseThroughSharebasedPaymentTransactions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based payment (Note 7)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Exercised during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Vested at the reporting date</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsExercisedOrVestedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of other equity instruments exercised or vested in share-based payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement2019_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Forfeited during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageExercisePriceOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement2019_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average exercise price of other equity instruments forfeited in share-based payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RangesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ranges [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RangesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ranges [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ShortTermMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Short-term marketable securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ShortTermMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Short Term Marketable Securities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ShortTermMarketableSecurities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Short-term marketable securities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Payments of lease liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Payment of principal portion of lease liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Payments of lease liabilities, classified as financing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Capital</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of share capital, reserves and other equity interest [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ForeignCurrencyRiskDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Foreign Currency Risk [domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ForeignCurrencyRiskDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Currency Risk [domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ForeignCurrencyRiskDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Foreign currency risk domain.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfEmployeeCompensationCostsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of employee compensation costs [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfEmployeeCompensationCostsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of employees compensation costs.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_UnobservableInputsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Unobservable inputs [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Types of share-based payment arrangements [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TypesOfSharebasedPaymentArrangementsAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Types of share-based payment arrangements [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Range [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_PotentialConversionOfConvertibleSeniorNotesIntoNumberOfOrdinaryShares_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Convertible notes</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_PotentialConversionOfConvertibleSeniorNotesIntoNumberOfOrdinaryShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Potential Conversion Of Convertible Senior Notes Into Number Of Ordinary Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_PotentialConversionOfConvertibleSeniorNotesIntoNumberOfOrdinaryShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Potential conversion of convertible senior notes into number of ordinary shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinanceCostsPaidClassifiedAsOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Finance expenses paid</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinanceCostsPaidClassifiedAsOperatingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Finance costs paid, classified as operating activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Within 1 to 5 years [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LaterThanOneYearAndNotLaterThanFiveYearsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Later than one year and not later than five years [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementAwardTypeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sharebased Payment Arrangement, Award type [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementAwardTypeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sharebased Payment Arrangement, Award type</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_SharebasedPaymentArrangementAwardTypeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sharebased Payment Arrangement, Award type [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TypesOfInterestRatesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Types of interest rates [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TypesOfInterestRatesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Types of interest rates [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AtFairValueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair value [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AtFairValueMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">At fair value [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_HedgingInstrumentsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Hedging instruments [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FinancialLiabilitiesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Financial liabilities, class [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment Information</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfEntitysReportableSegmentsExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of entity's operating segments [text block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash and cash equivalents at March 31</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cash and cash equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total cash and cash equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and cash equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash and cash equivalents at January 1</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CashAndCashEquivalents_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and cash equivalents</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AggregatedMeasurementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Aggregated measurement [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfTreasurySharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">March 31, 2023 (Holding)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfTreasurySharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">January 1, 2023 (Holding)</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfTreasurySharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Treasury Shares Outstanding</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_NumberOfTreasurySharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of treasury shares outstanding.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfLiabilitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Classes of liabilities [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DistributableEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Distributable equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DistributableEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Distributable equity</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DistributableEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Distributable equity.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_IncreaseDecreaseInDerivativeFinancialLiabilitiesFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Additions</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_IncreaseDecreaseInDerivativeFinancialLiabilitiesFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase decrease in derivative financial liabilities fair value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_IncreaseDecreaseInDerivativeFinancialLiabilitiesFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Derivative Financial Liabilities Fair Value</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_IncreaseDecreaseInDerivativeFinancialLiabilitiesFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase decrease in derivative financial liabilities fair value.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Forfeited during the period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NumberOfOtherEquityInstrumentsForfeitedInSharebasedPaymentArrangement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number of other equity instruments forfeited in share-based payment arrangement</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BasicAndDilutedEarningsLossPerShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Basic and diluted earnings / (loss) per share</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BasicAndDilutedEarningsLossPerShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Basic And Diluted Earnings Loss Per Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BasicAndDilutedEarningsLossPerShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Basic And Diluted Earnings Loss Per Shares</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TypesOfRisksMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Risks [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TypesOfRisksMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Risks [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IssuedCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Issued capital [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_IssuedCapitalMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share Capital [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_LevelsOfFairValueHierarchyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Levels of fair value hierarchy [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of associates [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FloatingInterestRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Floating interest rate [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_FloatingInterestRateMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Floating interest rate [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfShareCapitalAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Classes of share capital [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfShareCapitalAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Classes of share capital [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Other comprehensive income / (loss), net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other comprehensive income / (loss) for the period, net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeThatWillBeReclassifiedToProfitOrLossNetOfTax_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other comprehensive income that will be reclassified to profit or loss, net of tax</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DerivativesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Derivatives [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfFinancialLiabilitiesAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Classes of financial liabilities [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NoncurrentLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-current liabilities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TopOfRangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Top of range [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TopOfRangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Top of range [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ForeignCurrencyConversionOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Foreign Currency Conversion Option [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ForeignCurrencyConversionOptionMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Foreign Currency Conversion Option.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_StatementOfChangesInEquityTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of changes in equity [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value of Other Equity Instruments Granted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_WeightedAverageFairValueAtMeasurementDateOtherEquityInstrumentsGranted_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Weighted average fair value at measurement date, other equity instruments granted</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DetailsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Details [Domain]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DetailsDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Details</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfHoldingOfTreasurySharesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure Of Holding Of Treasury Shares [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfHoldingOfTreasurySharesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of holding of treasury shares.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_IncomeStatementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_IncomeStatementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Income statement.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_IncomeStatementMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Statement [Member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NewIFRSsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">New IFRSs [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NewIFRSsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New IFRSs [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfMovementsInLevelThreeFairValueMeasurementsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Movements in Level 3 Fair Value Measurements</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfMovementsInLevelThreeFairValueMeasurementsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of Movements in Level Three Fair Value Measurements [Table Text Block]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfMovementsInLevelThreeFairValueMeasurementsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of movements in level 3 fair value measurements.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ClassesOfAssetsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSegmentRevenuesByDestinationOfMajorCustomersExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Disclosure of segment revenues by destination of major customers explanatory.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSegmentRevenuesByDestinationOfMajorCustomersExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of segment revenues by destination of major customers explanatory</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_DisclosureOfSegmentRevenuesByDestinationOfMajorCustomersExplanatory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Revenue Recognized in Consolidated Statement of Profit or Loss</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_MeasurementAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Measurement [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProceedsFromExerciseOfWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from exercise of warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_ProceedsFromExerciseOfWarrants_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds from exercise of warrants</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Other comprehensive income, net of tax, exchange differences on translation of foreign operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exchange differences on translating foreign operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherComprehensiveIncomeNetOfTaxExchangeDifferencesOnTranslation_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other comprehensive income, net of tax, exchange differences on translation of foreign operations</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non-adjusting events after reporting period [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_NonadjustingEventsAfterReportingPeriodAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non-adjusting events after reporting period [axis]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total current assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current assets</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Liabilities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Liabilities at beginning of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Liabilities at end of period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CurrentLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current liabilities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfSignificantInvestmentsInAssociatesTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of associates [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForExternalCreditGradesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity's total for external credit grades [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EntitysTotalForExternalCreditGradesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity's total for external credit grades [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EquityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EquityMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsRedemptionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings redemption period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsRedemptionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings Redemption Period</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_BorrowingsRedemptionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Borrowings redemption period.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ChangesInWorkingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Changes in working capital:</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ChangesInWorkingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Changes in working capital [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ChangesInWorkingCapitalAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Changes in working capital.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfFinancialLeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Lease liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfFinancialLeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Contractual Undiscounted Cashflow Of Financial Lease Liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="asnd_ContractualUndiscountedCashflowOfFinancialLeaseLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Contractual undiscounted cashflow of Financial lease liabilities.</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherNoncurrentReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Other receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_OtherNoncurrentReceivables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Other non-current receivables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_StatementOfChangesInEquityLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of changes in equity [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total equity and liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity and liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Share Based Compensation Expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based payment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForSharebasedPayments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for share-based payments</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of terms and conditions of share-based payment arrangement [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_TreasurySharesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Treasury Shares [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_SharebasedPaymentArrangementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Share-based payment arrangements [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_SharebasedPaymentArrangementsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share-based payment arrangements [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_SellingGeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total selling, general and administrative expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_SellingGeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Selling, general and administrative expenses</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_SellingGeneralAndAdministrativeExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Selling, general and administrative expense</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AggregatedTimeBandsMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Aggregated time bands [member]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CostOfSales_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Cost of sales</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CostOfSales_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cost of sales</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_CostOfSales_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cost of sales</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_BorrowingsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Borrowings</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_BorrowingsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Borrowings [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trade payables, accrued expenses and other payables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_AdjustmentsForIncreaseDecreaseInTradeAndOtherPayables_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Adjustments for increase (decrease) in trade and other payables</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity and liabilities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_EquityAndLiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity and liabilities [abstract]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfFinancialInstrumentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of detailed information about financial instruments [line items]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Purchase of property, plant and equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Acquisition of property, plant and equipment</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Purchase of property, plant and equipment, classified as investing activities</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Disclosure of operating segments [table]</link:label>
    <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ifrs-full_DisclosureOfOperatingSegmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Disclosure of operating segments [table]</link:label>
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