AIR GREENLAND ATO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AIR GREENLAND ATO A/S
AIR GREENLAND ATO A/S (CVR number: 35835296) is a company from TÅRNBY. The company recorded a gross profit of -1.5 kDKK in 2024. The operating profit was -1.5 kDKK, while net earnings were 14.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 32.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. AIR GREENLAND ATO A/S's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.50 | -8.50 | -8.58 | -8.78 | -1.50 |
EBIT | -8.50 | -8.50 | -8.58 | -8.78 | -1.50 |
Net earnings | 0.32 | 9.59 | 6.63 | -16.95 | 14.28 |
Shareholders equity total | 472.22 | 481.81 | 488.44 | 471.49 | 485.76 |
Balance sheet total (assets) | 540.66 | 482.45 | 488.44 | 1 816.56 | 1 491.04 |
Net debt | - 464.80 | - 482.45 | -32.33 | - 461.77 | -36.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | 1.9 % | 1.6 % | -0.5 % | 1.1 % |
ROE | 0.1 % | 2.0 % | 1.4 % | -3.5 % | 3.0 % |
ROI | 0.2 % | 1.9 % | 1.6 % | -0.9 % | 3.0 % |
Economic value added (EVA) | -32.21 | -35.53 | -31.63 | -33.32 | -39.24 |
Solvency | |||||
Equity ratio | 87.3 % | 99.9 % | 100.0 % | 26.0 % | 32.6 % |
Gearing | 14.5 % | 60.7 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.9 | 756.2 | 1.4 | 1.5 | |
Current ratio | 7.9 | 756.2 | 1.4 | 1.5 | |
Cash and cash equivalents | 533.24 | 482.45 | 32.33 | 747.95 | 36.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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