FLIGHTCASES INTERNATIONAL A/S — Credit Rating and Financial Key Figures

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 FLIGHTCASES INTERNATIONAL A/S

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
2019
2020
2021
2022
2023
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 ratingAABBBAAAAA

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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