SATCOM1 AIRTIME SERVICES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mUSD)
EBIT (mUSD)
Profitability
Solidity
Key figures (mUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 35.52 | 37.19 | 49.70 | 69.37 | 87.45 |
Gross profit | 35.52 | 37.19 | 3.47 | 7.89 | 15.62 |
EBIT | 3.95 | 2.53 | 2.48 | 7.02 | 14.74 |
Net earnings | 2.06 | 1.42 | 0.79 | 3.29 | 9.80 |
Shareholders equity total | 5.03 | 6.45 | 7.24 | 10.53 | 20.32 |
Balance sheet total (assets) | 60.56 | 63.67 | 67.92 | 71.03 | 75.70 |
Net debt | 54.22 | 52.78 | 45.76 | ||
Profitability | |||||
EBIT-% | 11.1 % | 6.8 % | 5.0 % | 10.1 % | 16.9 % |
ROA | 7.0 % | 4.1 % | 3.8 % | 11.2 % | 23.8 % |
ROE | 51.5 % | 24.8 % | 11.6 % | 37.0 % | 63.5 % |
ROI | 7.0 % | 4.1 % | 4.0 % | 12.4 % | 26.6 % |
Economic value added (EVA) | 3.80 | 2.27 | 1.61 | 4.52 | 11.01 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 10.7 % | 14.8 % | 26.8 % |
Gearing | 752.9 % | 508.6 % | 228.5 % | ||
Relative net indebtedness % | 121.5 % | 86.1 % | 62.5 % | ||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.4 | ||
Current ratio | 1.1 | 1.2 | 1.4 | ||
Cash and cash equivalents | 0.31 | 0.77 | 0.68 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 23.4 | 0.7 | 0.1 | ||
Net working capital % | 13.4 % | 14.4 % | 22.7 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.