FLIGHT TEST ENGINEERING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FLIGHT TEST ENGINEERING ApS
FLIGHT TEST ENGINEERING ApS (CVR number: 30710916) is a company from ROSKILDE. The company recorded a gross profit of 39.7 kDKK in 2024. The operating profit was -133.6 kDKK, while net earnings were -100.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -12.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.3 %, 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 1.7 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 | 491.86 | 617.48 | 418.49 | 1 288.85 | 39.74 |
EBIT | 42.51 | 218.40 | 246.78 | 1 063.15 | - 133.58 |
Net earnings | 41.85 | 165.16 | 195.11 | 854.79 | - 100.66 |
Shareholders equity total | 392.13 | 557.29 | 587.38 | 1 247.18 | 396.52 |
Balance sheet total (assets) | 546.24 | 933.01 | 1 047.44 | 1 606.75 | 647.00 |
Net debt | - 199.89 | - 318.89 | - 529.59 | - 767.35 | - 166.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.5 % | 29.5 % | 26.6 % | 82.7 % | -10.5 % |
ROE | 8.9 % | 34.8 % | 34.1 % | 93.2 % | -12.2 % |
ROI | 10.6 % | 45.7 % | 46.0 % | 119.6 % | -14.5 % |
Economic value added (EVA) | -1.93 | 146.82 | 156.26 | 798.78 | - 175.83 |
Solvency | |||||
Equity ratio | 71.8 % | 59.7 % | 56.1 % | 77.6 % | 61.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.5 | 2.5 | 2.3 | 4.5 | 1.7 |
Current ratio | 3.5 | 2.5 | 2.3 | 4.5 | 1.7 |
Cash and cash equivalents | 199.89 | 318.89 | 529.59 | 767.35 | 166.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
Variable visualization
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