Airwallet ApS — Credit Rating and Financial Key Figures

CVR number: 38397583
Pakhusgården 28, 5000 Odense C
christian@airwallet.net
tel: 51285051
Airwallet.net
Free credit report Annual report

Credit rating

Company information

Official name
Airwallet ApS
Personnel
23 persons
Established
2017
Company form
Private limited company
Industry

About Airwallet ApS

Airwallet ApS (CVR number: 38397583) is a company from ODENSE. The company recorded a gross profit of 24 mDKK in 2024. The operating profit was 15.7 mDKK, while net earnings were 13.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 89.2 %, which can be considered excellent and Return on Equity (ROE) was 180.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Airwallet ApS's liquidity measured by quick ratio was 1.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 084.851 614.561 868.032 575.4624 012.51
EBIT- 587.43- 671.56- 767.45-2 854.5615 733.19
Net earnings- 602.49- 778.55- 910.72-3 074.3813 144.82
Shareholders equity total- 500.76-1 279.32209.97-2 864.4110 280.41
Balance sheet total (assets)929.201 274.492 883.574 305.7728 276.05
Net debt- 605.07- 974.75227.09-2 276.07-10 794.98
Profitability
EBIT-%
ROA-67.6 %-33.5 %-28.6 %-56.8 %89.2 %
ROE-116.9 %-70.7 %-122.7 %-136.2 %180.2 %
ROI-89.6 %-40.6 %-33.4 %-152.4 %270.6 %
Economic value added (EVA)- 596.16- 648.53- 705.31-2 975.0513 536.91
Solvency
Equity ratio-35.0 %-50.1 %7.3 %-44.2 %46.1 %
Gearing-8.5 %-3.3 %1042.0 %-1.5 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.53.03.50.71.9
Current ratio2.53.03.50.71.6
Cash and cash equivalents647.491 017.391 960.772 318.1210 836.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBCBBB

Variable visualization

ROA:89.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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