LED Aviation A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About LED Aviation A/S
LED Aviation A/S (CVR number: 40364803) is a company from RUDERSDAL. The company recorded a gross profit of -513.3 kDKK in 2023. The operating profit was -1116.1 kDKK, while net earnings were -260.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.2 %, which can be considered poor and Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LED Aviation A/S's liquidity measured by quick ratio was 10.3 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 | -10.91 | -21.69 | 8 190.29 | -1 068.89 | - 513.26 |
EBIT | -10.91 | -21.69 | 4 548.84 | -1 671.71 | -1 116.08 |
Net earnings | -8.53 | 169.66 | 3 582.76 | -1 436.80 | - 260.87 |
Shareholders equity total | -4.53 | 1 165.13 | 8 497.88 | 7 061.07 | 6 800.21 |
Balance sheet total (assets) | 11.47 | 4 771.02 | 15 328.89 | 13 539.28 | 12 644.18 |
Net debt | -3.23 | - 562.71 | -3 696.12 | -2 594.62 | -1 669.22 |
Profitability | |||||
EBIT-% | |||||
ROA | -68.2 % | -0.9 % | 45.3 % | -11.6 % | -8.2 % |
ROE | -74.4 % | 28.8 % | 74.2 % | -18.5 % | -3.8 % |
ROI | -1.4 % | 55.0 % | -16.2 % | -15.3 % | |
Economic value added (EVA) | -8.51 | -15.01 | 3 846.35 | -1 458.06 | - 945.97 |
Solvency | |||||
Equity ratio | -28.3 % | 24.4 % | 55.4 % | 52.2 % | 53.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 1.1 | 6.8 | 6.4 | 10.3 |
Current ratio | 0.7 | 1.1 | 6.8 | 6.4 | 10.3 |
Cash and cash equivalents | 3.23 | 562.71 | 3 696.12 | 2 594.62 | 1 669.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | A | BB | BBB |
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