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

CVR number: 27926592
Taagholtvej 178, 9870 Sindal
Free credit report Annual report

Company information

Official name
SCANDINAVIAN AIRCRAFT TECHNOLOGIES A/S
Established
2004
Company form
Limited company
Industry

About SCANDINAVIAN AIRCRAFT TECHNOLOGIES A/S

SCANDINAVIAN AIRCRAFT TECHNOLOGIES A/S (CVR number: 27926592) is a company from HJØRRING. The company recorded a gross profit of 226.7 kDKK in 2024. The operating profit was 181.5 kDKK, while net earnings were 158.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14 %, which can be considered good and Return on Equity (ROE) was 11.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.8 %, 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 17.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit115.87121.96134.82255.32226.66
EBIT73.6279.2191.57211.17181.50
Net earnings55.7860.8371.77170.42158.13
Shareholders equity total1 693.141 353.971 425.731 596.151 054.28
Balance sheet total (assets)1 936.831 490.211 567.401 784.391 112.32
Net debt15.06-5.77-41.41-8.57-27.40
Profitability
EBIT-%
ROA3.9 %4.6 %6.0 %13.1 %14.0 %
ROE3.3 %4.0 %5.2 %11.3 %11.9 %
ROI4.3 %5.2 %6.6 %14.5 %15.3 %
Economic value added (EVA)-31.63-24.653.3792.9461.37
Solvency
Equity ratio87.4 %90.9 %91.0 %89.5 %94.8 %
Gearing1.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.15.35.917.1
Current ratio2.12.15.35.917.1
Cash and cash equivalents11.895.7741.418.5727.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:14.0%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.8%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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