In The Air Aps — Credit Rating and Financial Key Figures
Credit rating
Company information
About In The Air Aps
In The Air Aps (CVR number: 40473246) is a company from AARHUS. The company recorded a gross profit of -13.4 kDKK in 2023. The operating profit was -13.4 kDKK, while net earnings were -10.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -39.3 %, which can be considered poor and Return on Equity (ROE) was -44.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.4 %, 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. In The Air Aps's liquidity measured by quick ratio was 3.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -35.51 | 0.16 | 8.43 | 4.62 | -13.38 |
EBIT | -35.51 | 0.16 | 8.43 | -0.82 | -13.38 |
Net earnings | -29.02 | 1.18 | 6.58 | -0.74 | -10.28 |
Shareholders equity total | 20.98 | 22.17 | 28.75 | 28.00 | 17.73 |
Balance sheet total (assets) | 39.00 | 31.07 | 37.08 | 42.73 | 23.81 |
Net debt | -17.37 | -23.52 | -30.37 | -36.83 | -12.87 |
Profitability | |||||
EBIT-% | |||||
ROA | -91.1 % | 0.5 % | 24.8 % | -1.9 % | -39.3 % |
ROE | -138.3 % | 5.5 % | 25.8 % | -2.6 % | -44.9 % |
ROI | -104.4 % | 0.6 % | 33.1 % | -2.7 % | -57.2 % |
Economic value added (EVA) | -28.99 | 0.63 | 6.65 | -0.74 | -9.99 |
Solvency | |||||
Equity ratio | 53.8 % | 71.3 % | 77.5 % | 65.5 % | 74.4 % |
Gearing | 62.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 3.5 | 4.5 | 2.9 | 3.9 |
Current ratio | 2.2 | 3.5 | 4.5 | 2.9 | 3.9 |
Cash and cash equivalents | 30.39 | 23.52 | 30.37 | 36.83 | 12.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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