AIRBORNE INSTRUMENTS ApS

CVR number: 32935125
Dyssen 2, Lisbjerg 8200 Aarhus N

Credit rating

Company information

Official name
AIRBORNE INSTRUMENTS ApS
Established
2010
Domicile
Lisbjerg
Company form
Private limited company
Industry
  • Expand more icon72Scientific research and development

About AIRBORNE INSTRUMENTS ApS

AIRBORNE INSTRUMENTS ApS (CVR number: 32935125) is a company from AARHUS. The company recorded a gross profit of 7203.1 kDKK in 2021. The operating profit was -1949.1 kDKK, while net earnings were -1993.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -43.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. AIRBORNE INSTRUMENTS ApS's liquidity measured by quick ratio was 0.4 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
20172018201920202021
Volume
Net sales
Gross profit5 811.6410 397.276 729.097 814.017 203.10
EBIT-2 647.8827.58- 534.26- 552.22-1 949.10
Net earnings-2 176.70- 146.08- 607.86- 739.60-1 993.68
Shareholders equity total7 084.436 938.356 330.495 590.893 597.21
Balance sheet total (assets)17 216.3113 357.4216 605.5020 633.0423 666.81
Net debt7 472.854 056.588 040.2612 443.1218 873.09
Profitability
EBIT-%
ROA-15.5 %0.8 %-3.3 %-3.0 %-8.8 %
ROE-26.6 %-2.1 %-9.2 %-12.4 %-43.4 %
ROI-19.2 %0.9 %-3.7 %-3.3 %-9.3 %
Economic value added (EVA)-2 493.50- 312.05- 746.99- 737.07-1 772.17
Solvency
Equity ratio41.1 %51.9 %38.1 %27.1 %15.2 %
Gearing112.3 %63.7 %130.7 %226.6 %527.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.30.40.4
Current ratio0.50.70.30.40.4
Cash and cash equivalents484.94365.38234.18225.07100.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-8.80%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.2%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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