SATCOM1 AIRTIME SERVICES ApS — Credit Rating and Financial Key Figures

CVR number: 35634541
Strandesplanaden 110, 2665 Vallensbæk Strand
tel: 39555555

Company information

Official name
SATCOM1 AIRTIME SERVICES ApS
Personnel
4 persons
Established
2014
Company form
Private limited company
Industry

About SATCOM1 AIRTIME SERVICES ApS

SATCOM1 AIRTIME SERVICES ApS (CVR number: 35634541) is a company from VALLENSBÆK. The company reported a net sales of 87.5 mUSD in 2023, demonstrating a growth of 26.1 % compared to the previous year. The operating profit percentage was at 16.9 % (EBIT: 14.7 mUSD), while net earnings were 9795.2 kUSD. The profitability of the company measured by Return on Assets (ROA) was 23.8 %, which can be considered excellent and Return on Equity (ROE) was 63.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.8 %, 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. SATCOM1 AIRTIME SERVICES ApS's liquidity measured by quick ratio was 1.4 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

Net sales (mUSD)

EBIT (mUSD)

Profitability

Solidity

Key figures (mUSD)

See financials
2019
2020
2021
2022
2023
Volume
Net sales35.5237.1949.7069.3787.45
Gross profit35.5237.193.477.8915.62
EBIT3.952.532.487.0214.74
Net earnings2.061.420.793.299.80
Shareholders equity total5.036.457.2410.5320.32
Balance sheet total (assets)60.5663.6767.9271.0375.70
Net debt54.2252.7845.76
Profitability
EBIT-%11.1 %6.8 %5.0 %10.1 %16.9 %
ROA7.0 %4.1 %3.8 %11.2 %23.8 %
ROE51.5 %24.8 %11.6 %37.0 %63.5 %
ROI7.0 %4.1 %4.0 %12.4 %26.6 %
Economic value added (EVA)3.802.271.614.5211.01
Solvency
Equity ratio100.0 %100.0 %10.7 %14.8 %26.8 %
Gearing752.9 %508.6 %228.5 %
Relative net indebtedness %121.5 %86.1 %62.5 %
Liquidity
Quick ratio1.11.21.4
Current ratio1.11.21.4
Cash and cash equivalents0.310.770.68
Capital use efficiency
Trade debtors turnover (days)23.40.70.1
Net working capital %13.4 %14.4 %22.7 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:23.8%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.8%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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