Menzies Aviation Denmark Lounges A/S — Credit Rating and Financial Key Figures

CVR number: 38009478
Lufthavnsboulevarden 6, 2770 Kastrup
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Credit rating

Company information

Official name
Menzies Aviation Denmark Lounges A/S
Personnel
20 persons
Established
2016
Company form
Limited company
Industry

About Menzies Aviation Denmark Lounges A/S

Menzies Aviation Denmark Lounges A/S (CVR number: 38009478) is a company from TÅRNBY. The company recorded a gross profit of 9541.5 kDKK in 2024. The operating profit was 2471.9 kDKK, while net earnings were 1627.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 78.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 10.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Menzies Aviation Denmark Lounges A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 048.883 919.483 238.474 414.579 541.50
EBIT-1 645.11- 140.00-1 919.19-1 632.432 471.95
Net earnings-1 305.84- 150.88-1 501.19-1 686.771 627.69
Shareholders equity total4 599.514 448.632 947.441 260.672 888.36
Balance sheet total (assets)8 564.449 217.0410 527.809 463.8428 304.09
Net debt2 396.421 708.921 951.382 198.9116 846.34
Profitability
EBIT-%
ROA-11.1 %-1.6 %-19.4 %-16.3 %13.1 %
ROE-24.9 %-3.3 %-40.6 %-80.2 %78.5 %
ROI-12.2 %-1.7 %-26.1 %-29.6 %18.1 %
Economic value added (EVA)-2 221.59- 506.92-1 913.76-1 954.221 435.60
Solvency
Equity ratio53.7 %48.3 %28.0 %13.3 %10.2 %
Gearing63.1 %80.5 %117.3 %263.7 %693.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.60.70.61.0
Current ratio0.30.60.70.61.0
Cash and cash equivalents503.951 870.481 504.901 125.133 187.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:13.1%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.2%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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