STRAIT AIR TRANSPORT A/S

STRAIT AIR TRANSPORT A/S (CVR number: 32444202) is a company from KØBENHAVN. The company reported a net sales of 66.6 mDKK in 2023, demonstrating a decline of -13.8 % compared to the previous year. The operating profit percentage was at 5.3 % (EBIT: 3.5 mDKK), while net earnings were 3905 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, 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 64 %, 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. STRAIT AIR TRANSPORT A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.