STRAIT AIR TRANSPORT A/S — Credit Rating and Financial Key Figures

CVR number: 32444202
Snorresgade 18, 2300 København S

Company information

Official name
STRAIT AIR TRANSPORT A/S
Personnel
14 persons
Established
2009
Company form
Limited company
Industry

About 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 71.1 mDKK in 2024, demonstrating a growth of 6.7 % compared to the previous year. The operating profit percentage was poor at -2.7 % (EBIT: -1.9 mDKK), while net earnings were 376 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.8 %, 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 1.2 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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales81.3875.3877.2966.6371.06
Gross profit5.383.9411.8012.697.05
EBIT-0.22-1.113.313.53-1.95
Net earnings0.026.255.783.900.38
Shareholders equity total10.1416.4321.4525.7613.91
Balance sheet total (assets)23.0042.0544.8140.2532.52
Net debt2.809.140.84-4.493.76
Profitability
EBIT-%-0.3 %-1.5 %4.3 %5.3 %-2.7 %
ROA0.4 %18.8 %15.7 %11.8 %1.6 %
ROE0.2 %47.0 %30.5 %16.5 %1.9 %
ROI0.6 %27.0 %20.8 %16.2 %2.5 %
Economic value added (EVA)-1.45-1.580.980.93-2.91
Solvency
Equity ratio44.1 %39.1 %47.9 %64.0 %42.8 %
Gearing37.5 %90.5 %60.5 %6.3 %43.7 %
Relative net indebtedness %14.6 %26.4 %14.5 %12.6 %22.9 %
Liquidity
Quick ratio1.21.11.01.31.2
Current ratio1.21.11.01.31.2
Cash and cash equivalents1.005.7312.136.112.32
Capital use efficiency
Trade debtors turnover (days)49.171.940.961.182.9
Net working capital %3.1 %2.2 %0.9 %7.6 %5.3 %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:1.63%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.8%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.