Danish Aircraft Management ApS — Credit Rating and Financial Key Figures

CVR number: 39109638
Vesterbrogade 149, 1620 København V

Credit rating

Company information

Official name
Danish Aircraft Management ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Net sales (kGBP)

EBIT (kGBP)

Profitability

Solidity

Key figures (kGBP)

See financials
2019
2020
2021
2022
2023
Volume
Net sales100.3368.5569.4365.1768.00
Gross profit31.6754.6662.4657.8462.83
EBIT-10.8618.9826.78-55.742.68
Net earnings-42.35-61.03-34.84- 236.59-63.35
Shareholders equity total-48.89- 109.92- 144.76638.25574.89
Balance sheet total (assets)1 497.771 482.811 477.832 369.382 318.06
Net debt6.76-18.68-12.63-10.95-16.47
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)-14.4416.0225.65-31.66-29.30
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 ratio11.318.7
Current ratio11.318.7
Cash and cash equivalents1.7922.0412.7110.9520.99
Capital use efficiency
Trade debtors turnover (days)37.458.2269.5206.0189.2
Net working capital %17.6 %51.0 %99.5 %83.8 %88.3 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.13%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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