FLIGHT TEST ENGINEERING ApS

CVR number: 30710916
Skolegade 17 B, 4000 Roskilde
bangs@image.dk
tel: 26202136

Credit rating

Company information

Official name
FLIGHT TEST ENGINEERING ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About FLIGHT TEST ENGINEERING ApS

FLIGHT TEST ENGINEERING ApS (CVR number: 30710916) is a company from ROSKILDE. The company recorded a gross profit of 1288.8 kDKK in 2023. The operating profit was 1063.1 kDKK, while net earnings were 854.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 82.7 %, which can be considered excellent and Return on Equity (ROE) was 93.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FLIGHT TEST ENGINEERING ApS's liquidity measured by quick ratio was 4.5 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
20192020202120222023
Volume
Net sales
Gross profit560.40491.86617.48418.491 288.85
EBIT22.9942.51218.40246.781 063.15
Net earnings28.9741.85165.16195.11854.79
Shareholders equity total550.28392.13557.29587.381 247.18
Balance sheet total (assets)961.56546.24933.011 047.441 606.75
Net debt- 339.65- 199.89- 318.89- 529.59- 767.35
Profitability
EBIT-%
ROA4.0 %7.5 %29.5 %26.6 %82.7 %
ROE5.4 %8.9 %34.8 %34.1 %93.2 %
ROI6.2 %10.6 %45.7 %46.0 %119.6 %
Economic value added (EVA)38.4626.57157.09172.36825.40
Solvency
Equity ratio57.2 %71.8 %59.7 %56.1 %77.6 %
Gearing19.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.43.52.52.34.5
Current ratio1.43.52.52.34.5
Cash and cash equivalents446.41199.89318.89529.59767.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:82.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.6%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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