NAC AVIATION 3 A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NAC AVIATION 3 A/S
NAC AVIATION 3 A/S (CVR number: 25587774) is a company from VEJLE. The company reported a net sales of 2.2 mUSD in 2023, demonstrating a growth of 20.1 % compared to the previous year. The operating profit percentage was at 14.6 % (EBIT: 0.3 mUSD), while net earnings were -954 kUSD. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -20.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. NAC AVIATION 3 A/S's liquidity measured by quick ratio was 452.3 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 718.46 | 1 431.85 | 826.80 | 1 802.11 | 2 164.76 |
Gross profit | 105.02 | -9 852.30 | 207.92 | 724.48 | 932.04 |
EBIT | - 390.86 | -10 306.88 | - 152.11 | 119.64 | 316.99 |
Net earnings | -1 014.76 | -9 301.14 | - 755.99 | - 677.60 | - 954.00 |
Shareholders equity total | 6 793.13 | -2 504.20 | -3 260.18 | -3 937.79 | -4 891.79 |
Balance sheet total (assets) | 29 410.03 | 18 848.06 | 18 499.23 | 19 119.28 | 19 406.55 |
Net debt | 17 770.02 | 17 991.34 | 19 509.01 | 21 003.40 | 20 746.10 |
Profitability | |||||
EBIT-% | -22.7 % | -719.8 % | -18.4 % | 6.6 % | 14.6 % |
ROA | -1.2 % | -40.6 % | -0.7 % | 0.5 % | 1.3 % |
ROE | -13.9 % | -72.5 % | -4.0 % | -3.6 % | -5.0 % |
ROI | -1.3 % | -42.3 % | -0.7 % | 0.4 % | 0.7 % |
Economic value added (EVA) | -1 308.13 | -8 423.81 | -3.25 | 269.50 | 481.96 |
Solvency | |||||
Equity ratio | 23.1 % | -11.7 % | -15.0 % | -17.1 % | -20.1 % |
Gearing | 261.6 % | -718.5 % | -603.0 % | -533.4 % | -424.1 % |
Relative net indebtedness % | 1105.0 % | 1416.7 % | 2485.8 % | 52.0 % | 74.0 % |
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 2.1 | 452.3 |
Current ratio | 0.0 | 0.0 | 0.0 | 2.1 | 452.3 |
Cash and cash equivalents | 0.46 | 0.34 | 149.87 | 0.26 | 0.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 41.1 | 52.3 | 60.3 | 20.1 | 43.3 |
Net working capital % | -1008.6 % | -1367.4 % | -2408.8 % | 12.6 % | 61.3 % |
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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