LED Aviation A/S — Credit Rating and Financial Key Figures

CVR number: 40364803
Agern Alle 5 A, 2970 Hørsholm
oba@ledaviation.com
tel: 22670107
www.ledaviation.com

Credit rating

Company information

Official name
LED Aviation A/S
Established
2019
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-10.91-21.698 190.29-1 068.89- 513.26
EBIT-10.91-21.694 548.84-1 671.71-1 116.08
Net earnings-8.53169.663 582.76-1 436.80- 260.87
Shareholders equity total-4.531 165.138 497.887 061.076 800.21
Balance sheet total (assets)11.474 771.0215 328.8913 539.2812 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)-8.51-15.013 846.35-1 458.06- 945.97
Solvency
Equity ratio-28.3 %24.4 %55.4 %52.2 %53.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.41.16.86.410.3
Current ratio0.71.16.86.410.3
Cash and cash equivalents3.23562.713 696.122 594.621 669.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBBB

Variable visualization

ROA:-8.15%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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