NORDIC AVIATION FINANCING ApS — Credit Rating and Financial Key Figures

NORDIC AVIATION FINANCING ApS (CVR number: 21167401) is a company from VEJLE. The company reported a net sales of 1.3 mUSD in 2022, demonstrating a growth of 80.4 % compared to the previous year. The operating profit percentage was poor at -17.7 % (EBIT: -0.2 mUSD), while net earnings were -73.7 kUSD. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. NORDIC AVIATION FINANCING 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.