COPENHAGEN AIRPORTS INTERNATIONAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COPENHAGEN AIRPORTS INTERNATIONAL A/S
COPENHAGEN AIRPORTS INTERNATIONAL A/S (CVR number: 20830204) is a company from TÅRNBY. The company reported a net sales of 4 mDKK in 2023, demonstrating a decline of -24.2 % compared to the previous year. The operating profit percentage was poor at -23.8 % (EBIT: -0.9 mDKK), while net earnings were -2324 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -27.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. COPENHAGEN AIRPORTS INTERNATIONAL A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 14 725.00 | 6 158.00 | 3 983.00 | 5 243.00 | 3 973.00 |
Gross profit | 9 287.00 | 4 121.00 | 2 847.00 | 3 462.00 | 2 456.00 |
EBIT | - 705.00 | - 753.00 | - 777.00 | 3.00 | - 947.00 |
Net earnings | - 116.00 | 839.00 | 1 444.00 | - 473.00 | -2 324.00 |
Shareholders equity total | 3 256.00 | 1 617.00 | -49.00 | - 760.00 | -3 084.00 |
Balance sheet total (assets) | 17 064.00 | 16 009.00 | 11 120.00 | 8 934.00 | 7 736.00 |
Net debt | -1 675.00 | 891.00 | 1 450.00 | 1 612.00 | 4 363.00 |
Profitability | |||||
EBIT-% | -4.8 % | -12.2 % | -19.5 % | 0.1 % | -23.8 % |
ROA | 3.1 % | 13.7 % | 18.0 % | 2.5 % | -7.6 % |
ROE | -3.1 % | 34.4 % | 22.7 % | -4.7 % | -27.9 % |
ROI | 4.2 % | 16.6 % | 21.0 % | 3.0 % | -8.7 % |
Economic value added (EVA) | - 455.27 | - 282.90 | - 280.73 | 31.22 | - 315.49 |
Solvency | |||||
Equity ratio | 19.4 % | 10.1 % | -0.4 % | -7.9 % | -28.8 % |
Gearing | 293.2 % | 757.0 % | -18449.0 % | -1101.1 % | -311.7 % |
Relative net indebtedness % | 17.6 % | 49.4 % | 89.9 % | 56.0 % | 140.2 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.1 | 0.9 | 0.9 | 0.7 |
Current ratio | 1.2 | 1.1 | 0.9 | 0.9 | 0.7 |
Cash and cash equivalents | 11 222.00 | 11 349.00 | 7 590.00 | 6 756.00 | 5 249.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 63.7 | 0.4 | 48.4 | 21.9 | 13.1 |
Net working capital % | 18.4 % | 21.0 % | -19.6 % | -20.2 % | -84.3 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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