Airwallet ApS
Credit rating
Company information
About Airwallet ApS
Airwallet ApS (CVR number: 38397583) is a company from ODENSE. The company recorded a gross profit of 2575.5 kDKK in 2023. The operating profit was -2854.6 kDKK, while net earnings were -3074.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -56.8 %, which can be considered poor and Return on Equity (ROE) was -136.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Airwallet ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 589.18 | 1 084.85 | 1 614.56 | 1 868.03 | 2 575.46 |
EBIT | 29.92 | - 587.43 | - 671.56 | - 767.45 | -2 854.56 |
Net earnings | 19.41 | - 602.49 | - 778.55 | - 910.72 | -3 074.38 |
Shareholders equity total | 101.72 | - 500.76 | -1 279.32 | 209.97 | -2 864.41 |
Balance sheet total (assets) | 309.17 | 929.20 | 1 274.49 | 2 883.57 | 4 305.77 |
Net debt | - 126.72 | - 605.07 | - 974.75 | 227.09 | - 386.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.7 % | -67.6 % | -33.5 % | -28.6 % | -56.8 % |
ROE | 21.1 % | -116.9 % | -70.7 % | -122.7 % | -136.2 % |
ROI | 19.4 % | -89.6 % | -40.6 % | -33.4 % | -126.6 % |
Economic value added (EVA) | 21.90 | - 582.56 | - 613.86 | - 652.04 | -2 855.22 |
Solvency | |||||
Equity ratio | 32.9 % | -35.0 % | -50.1 % | 7.3 % | -39.9 % |
Gearing | 70.8 % | -8.5 % | -3.3 % | 1042.0 % | -67.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.5 | 3.0 | 3.5 | 0.6 |
Current ratio | 1.7 | 2.5 | 3.0 | 3.5 | 0.7 |
Cash and cash equivalents | 198.73 | 647.49 | 1 017.39 | 1 960.77 | 2 318.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | B | C |
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