NAC AVIATION 2 A/S — Credit Rating and Financial Key Figures

CVR number: 35487190
Orla Lehmannsgade 1 A, 7100 Vejle
legalmail@nac.dk
tel: 76511212

Credit rating

Company information

Official name
NAC AVIATION 2 A/S
Established
2013
Company form
Limited company
Industry

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 financials

Net sales (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2019
2020
2021
2022
2023
Volume
Net sales7 191.92725.25570.002 254.023 602.46
Gross profit2 668.01-25 536.13-1 831.79- 922.63- 476.49
EBIT1 137.10-26 224.50-2 238.36-2 115.12-1 703.52
Net earnings-1 034.48-23 642.55-3 713.755 134.46-4 014.44
Shareholders equity total4 438.95-19 203.61-22 917.36-17 782.90-21 797.34
Balance sheet total (assets)58 589.8832 151.7730 707.8742 046.8944 414.08
Net debt46 708.9550 517.7952 469.4555 365.6059 361.95
Profitability
EBIT-%15.8 %-3615.9 %-392.7 %-93.8 %-47.3 %
ROA1.9 %-47.7 %-4.3 %16.1 %-1.5 %
ROE-20.9 %-129.2 %-11.8 %14.1 %-9.3 %
ROI1.9 %-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 ratio7.6 %-37.4 %-42.7 %-29.7 %-32.9 %
Gearing1052.3 %-263.1 %-229.4 %-311.3 %-272.4 %
Relative net indebtedness %658.1 %7049.2 %9391.2 %89.3 %135.2 %
Liquidity
Quick ratio0.00.00.01.69.1
Current ratio0.00.00.02.434.6
Cash and cash equivalents3.240.1895.180.866.42
Capital use efficiency
Trade debtors turnover (days)81.042.739.915.1
Net working capital %-634.8 %-6958.1 %-9234.0 %57.9 %148.4 %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:-1.49%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-32.9%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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