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

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

Official name
AIRTEC DANMARK A/S
Personnel
7 persons
Established
1998
Domicile
Nørlem
Company form
Limited company
Industry

About AIRTEC DANMARK A/S

AIRTEC DANMARK A/S (CVR number: 21212687) is a company from LEMVIG. The company recorded a gross profit of 13.6 mDKK in 2024. The operating profit was 4625.5 kDKK, while net earnings were 3693.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.7 %, which can be considered excellent and Return on Equity (ROE) was 52.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.7 %, 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. AIRTEC DANMARK A/S's liquidity measured by quick ratio was 1.5 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.

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 profit9 925.8311 057.0510 012.7312 921.1713 641.64
EBIT3 011.953 202.362 561.673 876.594 625.52
Net earnings2 358.562 516.461 933.843 058.513 693.51
Shareholders equity total5 707.625 724.095 657.926 716.437 409.93
Balance sheet total (assets)8 987.829 612.309 399.8413 024.3111 834.33
Net debt-2 592.05-2 085.37-1 024.96-4 775.60-4 018.90
Profitability
EBIT-%
ROA38.2 %34.5 %27.1 %35.1 %37.7 %
ROE47.7 %44.0 %34.0 %49.4 %52.3 %
ROI59.6 %54.9 %44.1 %62.2 %65.0 %
Economic value added (EVA)2 140.512 223.071 667.712 739.223 318.07
Solvency
Equity ratio63.5 %62.5 %62.5 %56.7 %63.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.51.31.21.51.5
Current ratio2.72.42.42.02.6
Cash and cash equivalents2 592.052 085.371 024.964 775.604 018.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:37.7%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.7%
Rating: 49/100
-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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