Danish Aircraft Management ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danish Aircraft Management ApS
Danish Aircraft Management ApS (CVR number: 39109638) is a company from KØBENHAVN. The company reported a net sales of 0.1 mGBP in 2023, demonstrating a growth of 4.3 % compared to the previous year. The operating profit percentage was at 3.9 % (EBIT: 0 mGBP), while net earnings were -63.4 kGBP. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. Danish Aircraft Management ApS's liquidity measured by quick ratio was 18.7 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 financialsNet sales (kGBP)
EBIT (kGBP)
Profitability
Solidity
Key figures (kGBP)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 100.33 | 68.55 | 69.43 | 65.17 | 68.00 |
Gross profit | 31.67 | 54.66 | 62.46 | 57.84 | 62.83 |
EBIT | -10.86 | 18.98 | 26.78 | -55.74 | 2.68 |
Net earnings | -42.35 | -61.03 | -34.84 | - 236.59 | -63.35 |
Shareholders equity total | -48.89 | - 109.92 | - 144.76 | 638.25 | 574.89 |
Balance sheet total (assets) | 1 497.77 | 1 482.81 | 1 477.83 | 2 369.38 | 2 318.06 |
Net debt | 6.76 | -18.68 | -12.63 | -10.95 | -16.47 |
Profitability | |||||
EBIT-% | -10.8 % | 27.7 % | 38.6 % | -85.5 % | 3.9 % |
ROA | -0.2 % | 1.2 % | 1.7 % | -2.8 % | 0.1 % |
ROE | -2.1 % | -4.1 % | -2.4 % | -22.4 % | -10.4 % |
ROI | -0.2 % | 1.2 % | 3.1 % | -10.6 % | 0.3 % |
Economic value added (EVA) | -14.44 | 16.02 | 25.65 | -31.66 | -29.30 |
Solvency | |||||
Equity ratio | -3.2 % | -6.9 % | -8.9 % | 26.9 % | 24.8 % |
Gearing | -17.5 % | -3.1 % | -0.1 % | 0.8 % | |
Relative net indebtedness % | 1528.8 % | 2171.9 % | 2127.1 % | 2220.3 % | 2150.2 % |
Liquidity | |||||
Quick ratio | 11.3 | 18.7 | |||
Current ratio | 11.3 | 18.7 | |||
Cash and cash equivalents | 1.79 | 22.04 | 12.71 | 10.95 | 20.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.4 | 58.2 | 269.5 | 206.0 | 189.2 |
Net working capital % | 17.6 % | 51.0 % | 99.5 % | 83.8 % | 88.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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