AIRPORT DEVELOPMENT A/S — Credit Rating and Financial Key Figures

CVR number: 30723635
Sandbjergvej 26, 2950 Vedbæk
peter@solbeck.dk
tel: 40258868
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Credit rating

Company information

Official name
AIRPORT DEVELOPMENT A/S
Established
2007
Company form
Limited company
Industry

About AIRPORT DEVELOPMENT A/S

AIRPORT DEVELOPMENT A/S (CVR number: 30723635) is a company from RUDERSDAL. The company recorded a gross profit of 19.9 mDKK in 2024. The operating profit was 11.8 mDKK, while net earnings were 5870.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -59.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AIRPORT DEVELOPMENT A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 708.6213 633.0110 166.9217 474.2819 905.93
EBIT7 023.48-1 668.654 325.6810 618.5211 753.82
Net earnings6 224.66-6 377.61-4 736.885 451.315 870.59
Shareholders equity total- 121 124.48- 127 456.35- 132 218.32- 127 059.20- 121 309.87
Balance sheet total (assets)73 887.3171 564.3472 107.9474 898.3383 955.91
Net debt44 226.5746 652.1960 387.3866 810.8478 790.75
Profitability
EBIT-%
ROA3.6 %-0.8 %2.2 %5.5 %6.1 %
ROE8.3 %-8.8 %-6.6 %7.4 %7.4 %
ROI18.6 %-3.4 %8.3 %17.3 %16.9 %
Economic value added (EVA)11 757.732 660.447 115.6113 295.0811 395.12
Solvency
Equity ratio-62.1 %-64.0 %-64.7 %-62.9 %-59.1 %
Gearing-36.8 %-36.9 %-45.9 %-53.2 %-65.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.2
Current ratio0.10.10.10.10.2
Cash and cash equivalents376.84319.09278.58759.47243.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.08%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-59.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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