FLIGHTCASES INTERNATIONAL A/S

CVR number: 13467900
Bjerringbrovej 116, 2610 Rødovre
sales@flightcases.dk
tel: 33214566
www.flightcases.dk

Credit rating

Company information

Official name
FLIGHTCASES INTERNATIONAL A/S
Personnel
24 persons
Established
1989
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

FLIGHTCASES INTERNATIONAL A/S (CVR number: 13467900) is a company from RØDOVRE. The company reported a net sales of 43 mDKK in 2023, demonstrating a decline of -34.1 % compared to the previous year. The operating profit percentage was at 7.2 % (EBIT: 3.1 mDKK), while net earnings were 2142.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 13.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FLIGHTCASES INTERNATIONAL A/S's liquidity measured by quick ratio was 1.9 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales43.1035.4348.7665.2442.98
Gross profit13.4010.0115.0622.0911.05
EBIT3.710.734.898.943.10
Net earnings3.30-0.563.676.672.14
Shareholders equity total7.665.608.2814.9517.09
Balance sheet total (assets)18.4620.5428.1929.7331.70
Net debt2.42-5.20-0.54-3.46-6.07
Profitability
EBIT-%8.6 %2.0 %10.0 %13.7 %7.2 %
ROA24.6 %3.8 %20.1 %30.9 %10.2 %
ROE54.9 %-8.4 %52.9 %57.5 %13.4 %
ROI36.6 %7.8 %66.0 %70.6 %17.8 %
Economic value added (EVA)2.800.633.826.601.85
Solvency
Equity ratio41.5 %27.4 %30.2 %50.5 %54.0 %
Gearing60.0 %11.1 %3.8 %12.2 %7.2 %
Relative net indebtedness %20.0 %25.7 %39.0 %14.5 %17.0 %
Liquidity
Quick ratio0.80.80.81.61.9
Current ratio1.51.21.22.63.0
Cash and cash equivalents2.185.830.855.287.30
Capital use efficiency
Trade debtors turnover (days)41.837.279.453.071.7
Net working capital %11.1 %8.4 %8.4 %24.3 %41.7 %
Credit risk
Credit ratingABBBBBAA

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

Companies in the same industry

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