STRAIT AIR TRANSPORT A/S

STRAIT AIR TRANSPORT A/S (CVR number: 32444202K) is a company from KØBENHAVN. The company reported a net sales of 141.2 mDKK in 2023, demonstrating a decline of -31.3 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 5.2 mDKK), while net earnings were 3905 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.3 %, 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. STRAIT AIR TRANSPORT A/S'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.