Airco Process Technology A/S — Credit Rating and Financial Key Figures

CVR number: 41791713
Håndværkervej 23, Erritsø 7000 Fredericia
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Company information

Official name
Airco Process Technology A/S
Personnel
44 persons
Established
2020
Domicile
Erritsø
Company form
Limited company
Industry

About Airco Process Technology A/S

Airco Process Technology A/S (CVR number: 41791713) is a company from FREDERICIA. The company recorded a gross profit of 23.6 mDKK in 2024. The operating profit was -48.8 mDKK, while net earnings were -43.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -23.2 %, which can be considered poor and Return on Equity (ROE) was -22 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Airco Process Technology A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit14 678.3444 311.98117 327.8623 588.82
EBIT519.25-5 672.59-5 333.58-48 824.91
Net earnings295.34-7 584.46-8 942.00-43 156.89
Shareholders equity total5 295.34-2 289.12-11 231.12-17 730.93
Balance sheet total (assets)26 863.03152 654.23213 324.62178 412.59
Net debt10 568.1844 263.01122 400.12153 149.05
Profitability
EBIT-%
ROA2.0 %-6.2 %-2.8 %-23.2 %
ROE5.6 %-9.6 %-4.9 %-22.0 %
ROI2.9 %-11.4 %-4.7 %-31.7 %
Economic value added (EVA)642.02-6 259.50-7 686.30-42 272.72
Solvency
Equity ratio19.7 %47.2 %31.3 %65.4 %
Gearing240.8 %-3507.8 %-1167.7 %-892.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.20.70.9
Current ratio0.81.30.81.2
Cash and cash equivalents2 180.7336 034.628 749.765 124.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBB

Variable visualization

ROA:-23.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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