CC Fly Holding II A/S — Credit Rating and Financial Key Figures

CC Fly Holding II A/S (CVR number: 39402246K) is a company from KØBENHAVN. The company reported a net sales of 754.6 mDKK in 2019, demonstrating a growth of 79.7 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 19.8 mDKK), while net earnings were -45.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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. CC Fly Holding II A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.