AIRTEC DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 21212687
Hvedemarken 21, Nørlem 7620 Lemvig
tel: 99631300

Credit rating

Company information

Official name
AIRTEC DANMARK A/S
Personnel
8 persons
Established
1998
Domicile
Nørlem
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About AIRTEC DANMARK A/S

AIRTEC DANMARK A/S (CVR number: 21212687) is a company from LEMVIG. The company recorded a gross profit of 12.9 mDKK in 2023. The operating profit was 3876.6 kDKK, while net earnings were 3058.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.1 %, which can be considered excellent and Return on Equity (ROE) was 49.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.8 %, 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. AIRTEC DANMARK A/S's liquidity measured by quick ratio was 1.5 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 profit8 220.799 925.8311 057.0510 012.7312 921.17
EBIT1 225.093 011.953 202.362 561.673 876.59
Net earnings913.162 358.562 516.461 933.843 058.51
Shareholders equity total4 189.075 707.625 724.095 657.926 716.43
Balance sheet total (assets)6 784.488 987.829 612.309 399.8413 015.78
Net debt-1 290.93-2 592.05-2 085.37-1 024.96-4 775.60
Profitability
EBIT-%
ROA18.7 %38.2 %34.5 %27.1 %35.1 %
ROE22.5 %47.7 %44.0 %34.0 %49.4 %
ROI29.6 %59.6 %54.9 %44.1 %62.2 %
Economic value added (EVA)816.582 211.372 358.631 779.732 798.05
Solvency
Equity ratio61.7 %63.5 %62.5 %62.5 %56.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.21.51.31.21.5
Current ratio2.52.72.42.42.0
Cash and cash equivalents1 290.932 592.052 085.371 024.964 775.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:35.1%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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