DANISH AVIATION SYSTEMS ApS — Credit Rating and Financial Key Figures

CVR number: 32446353
Vallensbækvej 49, 2605 Brøndby
steven@danishaviationsystems.dk
tel: 20631198
www.danishaviationsystems.dk

Credit rating

Company information

Official name
DANISH AVIATION SYSTEMS ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About DANISH AVIATION SYSTEMS ApS

DANISH AVIATION SYSTEMS ApS (CVR number: 32446353) is a company from BRØNDBY. The company recorded a gross profit of -1672.5 kDKK in 2023. The operating profit was -1742.4 kDKK, while net earnings were -1347.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.5 %, which can be considered poor and Return on Equity (ROE) was -61.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 14.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DANISH AVIATION SYSTEMS ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 054.36904.7072.922 712.41-1 672.48
EBIT727.75412.13- 158.502 685.85-1 742.36
Net earnings522.69298.49- 175.812 111.11-1 347.53
Shareholders equity total1 940.422 238.912 063.104 174.20226.68
Balance sheet total (assets)2 844.273 847.282 627.106 601.561 601.74
Net debt-1 577.74-1 245.93- 377.02131.40268.10
Profitability
EBIT-%
ROA28.5 %12.3 %-4.9 %60.4 %-41.5 %
ROE31.1 %14.3 %-8.2 %67.7 %-61.2 %
ROI40.5 %19.7 %-7.4 %82.7 %-59.4 %
Economic value added (EVA)497.48296.80- 180.051 994.97-1 551.09
Solvency
Equity ratio68.2 %58.2 %78.5 %63.2 %14.2 %
Gearing0.6 %0.1 %12.0 %362.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.02.24.62.71.2
Current ratio3.02.24.62.71.2
Cash and cash equivalents1 589.001 245.93378.82370.27552.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBB

Variable visualization

ROA:-41.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.2%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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