SCANDINAVIAN AIRCRAFT TECHNOLOGIES A/S — Credit Rating and Financial Key Figures

SCANDINAVIAN AIRCRAFT TECHNOLOGIES A/S (CVR number: 27926592) is a company from HJØRRING. The company recorded a gross profit of 255.3 kDKK in 2023. The operating profit was 211.2 kDKK, while net earnings were 170.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SCANDINAVIAN AIRCRAFT TECHNOLOGIES A/S's liquidity measured by quick ratio was 5.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.