NAC AVIATION 2 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NAC AVIATION 2 A/S
NAC AVIATION 2 A/S (CVR number: 35487190) is a company from VEJLE. The company reported a net sales of 4.4 mUSD in 2024, demonstrating a growth of 21.1 % compared to the previous year. The operating profit percentage was poor at -5.4 % (EBIT: -0.2 mUSD), while net earnings were -2724.4 kUSD. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor but Return on Equity (ROE) was 73.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.3 %, 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. NAC AVIATION 2 A/S's liquidity measured by quick ratio was 1.9 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.
Financial information
See financialsNet sales (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 725.25 | 570.00 | 2 254.02 | 3 602.46 | 4 361.14 |
Gross profit | -25 536.13 | -1 831.79 | - 922.63 | - 476.49 | 735.94 |
EBIT | -26 224.50 | -2 238.36 | -2 115.12 | -1 703.52 | - 237.02 |
Net earnings | -23 642.55 | -3 713.75 | 5 134.46 | -4 014.44 | -2 724.43 |
Shareholders equity total | -19 203.61 | -22 917.36 | -17 782.90 | -21 797.34 | 7 660.58 |
Balance sheet total (assets) | 32 151.77 | 30 707.87 | 42 046.89 | 44 414.08 | 40 430.27 |
Net debt | 50 517.79 | 52 469.45 | 55 365.60 | 59 361.95 | 26 029.29 |
Profitability | |||||
EBIT-% | -3615.9 % | -392.7 % | -93.8 % | -47.3 % | -5.4 % |
ROA | -47.7 % | -4.3 % | 16.1 % | -1.5 % | -0.4 % |
ROE | -129.2 % | -11.8 % | 14.1 % | -29.8 % | 73.1 % |
ROI | -47.8 % | -4.3 % | 11.0 % | -0.8 % | -0.3 % |
Economic value added (EVA) | -23 422.56 | -3 443.38 | -3 111.02 | -6 305.60 | -2 163.97 |
Solvency | |||||
Equity ratio | -37.4 % | -42.7 % | -29.7 % | -326.2 % | 53.3 % |
Gearing | -263.1 % | -229.4 % | -311.3 % | -272.4 % | 339.8 % |
Relative net indebtedness % | 7049.2 % | 9391.2 % | 89.3 % | 135.2 % | 112.8 % |
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 1.6 | 0.0 | 1.9 |
Current ratio | 0.0 | 0.0 | 2.4 | 0.0 | 5.7 |
Cash and cash equivalents | 0.18 | 95.18 | 0.86 | 6.42 | 5.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 81.0 | 42.7 | 39.9 | ||
Net working capital % | -6958.1 % | -9234.0 % | 57.9 % | -4.2 % | 115.0 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BBB |
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