AIR GREENLAND ATO A/S — Credit Rating and Financial Key Figures

CVR number: 35835296
Terminalgade 4, 2770 Kastrup
Free credit report Annual report

Company information

Official name
AIR GREENLAND ATO A/S
Established
2014
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings0.329.596.63-16.9514.28
Shareholders equity total472.22481.81488.44471.49485.76
Balance sheet total (assets)540.66482.45488.441 816.561 491.04
Net debt- 464.80- 482.45-32.33- 461.77-36.55
Profitability
EBIT-%
ROA0.2 %1.9 %1.6 %-0.5 %1.1 %
ROE0.1 %2.0 %1.4 %-3.5 %3.0 %
ROI0.2 %1.9 %1.6 %-0.9 %3.0 %
Economic value added (EVA)-32.21-35.53-31.63-33.32-39.24
Solvency
Equity ratio87.3 %99.9 %100.0 %26.0 %32.6 %
Gearing14.5 %60.7 %
Relative net indebtedness %
Liquidity
Quick ratio7.9756.21.41.5
Current ratio7.9756.21.41.5
Cash and cash equivalents533.24482.4532.33747.9536.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:1.13%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.6%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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