AIRPORT COORDINATION DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AIRPORT COORDINATION DENMARK A/S
AIRPORT COORDINATION DENMARK A/S (CVR number: 19050386) is a company from TÅRNBY. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 8.6 % compared to the previous year. The operating profit percentage was poor at -1 % (EBIT: -0 mDKK), while net earnings were 45.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. AIRPORT COORDINATION DENMARK A/S's liquidity measured by quick ratio was 6.6 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 387.00 | 959.57 | 806.96 | 1 004.00 | 1 090.66 |
Gross profit | 1 881.60 | 1 968.88 | 1 875.75 | 1 935.05 | 2 094.56 |
EBIT | 32.05 | 34.62 | 37.81 | 30.35 | -11.36 |
Net earnings | 23.20 | 19.85 | 19.88 | 20.20 | 45.35 |
Shareholders equity total | 1 262.55 | 1 282.40 | 1 302.29 | 1 322.49 | 1 367.84 |
Balance sheet total (assets) | 2 445.63 | 1 864.49 | 2 235.56 | 3 447.82 | 4 171.90 |
Net debt | -1 970.66 | -1 628.82 | -1 645.39 | -2 550.95 | -3 631.21 |
Profitability | |||||
EBIT-% | 2.3 % | 3.6 % | 4.7 % | 3.0 % | -1.0 % |
ROA | 1.3 % | 1.6 % | 1.8 % | 1.2 % | 1.6 % |
ROE | 1.9 % | 1.6 % | 1.5 % | 1.5 % | 3.4 % |
ROI | 2.6 % | 2.7 % | 2.9 % | 2.7 % | 4.6 % |
Economic value added (EVA) | 53.26 | 62.59 | 46.89 | 40.93 | 52.86 |
Solvency | |||||
Equity ratio | 63.8 % | 69.6 % | 71.8 % | 69.3 % | 68.5 % |
Gearing | |||||
Relative net indebtedness % | -56.8 % | -109.1 % | -88.2 % | -42.4 % | -75.8 % |
Liquidity | |||||
Quick ratio | 3.4 | 3.3 | 4.3 | 5.9 | 6.6 |
Current ratio | 2.0 | 3.2 | 2.4 | 1.6 | 1.5 |
Cash and cash equivalents | 1 970.66 | 1 628.82 | 1 645.39 | 2 550.95 | 3 631.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 57.3 | 22.8 | 139.5 | 207.8 | 93.6 |
Net working capital % | 89.5 % | 132.3 % | 159.8 % | 130.4 % | 124.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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