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 3.6 mUSD in 2023, demonstrating a growth of 59.8 % compared to the previous year. The operating profit percentage was poor at -47.3 % (EBIT: -1.7 mUSD), while net earnings were -4014.4 kUSD. The profitability of the company measured by Return on Assets (ROA) was -1.5 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -32.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NAC AVIATION 2 A/S's liquidity measured by quick ratio was 9.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 7 191.92 | 725.25 | 570.00 | 2 254.02 | 3 602.46 |
Gross profit | 2 668.01 | -25 536.13 | -1 831.79 | - 922.63 | - 476.49 |
EBIT | 1 137.10 | -26 224.50 | -2 238.36 | -2 115.12 | -1 703.52 |
Net earnings | -1 034.48 | -23 642.55 | -3 713.75 | 5 134.46 | -4 014.44 |
Shareholders equity total | 4 438.95 | -19 203.61 | -22 917.36 | -17 782.90 | -21 797.34 |
Balance sheet total (assets) | 58 589.88 | 32 151.77 | 30 707.87 | 42 046.89 | 44 414.08 |
Net debt | 46 708.95 | 50 517.79 | 52 469.45 | 55 365.60 | 59 361.95 |
Profitability | |||||
EBIT-% | 15.8 % | -3615.9 % | -392.7 % | -93.8 % | -47.3 % |
ROA | 1.9 % | -47.7 % | -4.3 % | 16.1 % | -1.5 % |
ROE | -20.9 % | -129.2 % | -11.8 % | 14.1 % | -9.3 % |
ROI | 1.9 % | -47.8 % | -4.3 % | 11.0 % | -0.8 % |
Economic value added (EVA) | - 945.91 | -20 732.46 | - 893.24 | - 464.86 | - 618.15 |
Solvency | |||||
Equity ratio | 7.6 % | -37.4 % | -42.7 % | -29.7 % | -32.9 % |
Gearing | 1052.3 % | -263.1 % | -229.4 % | -311.3 % | -272.4 % |
Relative net indebtedness % | 658.1 % | 7049.2 % | 9391.2 % | 89.3 % | 135.2 % |
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 1.6 | 9.1 |
Current ratio | 0.0 | 0.0 | 0.0 | 2.4 | 34.6 |
Cash and cash equivalents | 3.24 | 0.18 | 95.18 | 0.86 | 6.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 81.0 | 42.7 | 39.9 | 15.1 | |
Net working capital % | -634.8 % | -6958.1 % | -9234.0 % | 57.9 % | 148.4 % |
Credit risk | |||||
Credit rating | A | BB | BBB | BBB | BBB |
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