GLOBAL AVIATION CONTRACTORS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About GLOBAL AVIATION CONTRACTORS A/S
GLOBAL AVIATION CONTRACTORS A/S (CVR number: 30244478) is a company from BILLUND. The company recorded a gross profit of 190.5 kDKK in 2024. The operating profit was -802.3 kDKK, while net earnings were -639.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -55.1 %, which can be considered poor and Return on Equity (ROE) was -46.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLOBAL AVIATION CONTRACTORS A/S's liquidity measured by quick ratio was 13.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 117.89 | 1 635.19 | 118.52 | 151.05 | 190.47 |
EBIT | - 477.21 | -55.65 | - 876.10 | - 836.47 | - 802.35 |
Net earnings | - 721.27 | - 114.83 | - 763.09 | - 717.47 | - 639.81 |
Shareholders equity total | 1 783.79 | 1 668.96 | 1 905.87 | 1 188.40 | 1 548.59 |
Balance sheet total (assets) | 2 686.50 | 1 941.24 | 1 968.22 | 1 278.30 | 1 623.02 |
Net debt | -1 328.94 | -1 033.63 | -1 000.56 | - 392.19 | - 356.59 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.5 % | -5.1 % | -48.7 % | -55.4 % | -55.1 % |
ROE | -7.9 % | -6.7 % | -42.7 % | -46.4 % | -46.8 % |
ROI | -8.1 % | -6.4 % | -53.3 % | -58.2 % | -58.4 % |
Economic value added (EVA) | - 470.86 | -17.98 | - 677.07 | - 663.59 | - 635.04 |
Solvency | |||||
Equity ratio | 66.4 % | 86.0 % | 96.8 % | 93.0 % | 95.4 % |
Gearing | 7.8 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 4.3 | 20.6 | 7.4 | 13.7 |
Current ratio | 2.3 | 4.3 | 20.6 | 7.4 | 13.7 |
Cash and cash equivalents | 1 467.45 | 1 033.88 | 1 000.58 | 392.23 | 357.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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