KIRK AVIATION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KIRK AVIATION A/S
KIRK AVIATION A/S (CVR number: 31786347) is a company from VEJLE. The company recorded a gross profit of -3.2 kUSD in 2024. The operating profit was -3.2 kUSD, while net earnings were -686.1 kUSD. The profitability of the company measured by Return on Assets (ROA) was -16 %, which can be considered poor and Return on Equity (ROE) was -18.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRK AVIATION A/S's liquidity measured by quick ratio was 194.4 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 financialsGross profit (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 378.72 | 1 858.36 | -1 244.24 | 589.61 | -3.17 |
EBIT | 949.31 | -2 620.11 | -1 572.25 | 1 685.03 | -3.17 |
Net earnings | 5 494.02 | -17 091.15 | 8 874.82 | 3 809.60 | - 686.14 |
Shareholders equity total | 54 644.01 | 28 358.43 | 27 062.08 | 4 150.61 | 3 396.98 |
Balance sheet total (assets) | 58 720.66 | 29 581.70 | 28 424.42 | 6 469.65 | 3 401.71 |
Net debt | - 194.98 | - 234.87 | 1 179.76 | 1 897.41 | - 820.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.6 % | -45.0 % | 35.9 % | 25.8 % | -16.0 % |
ROE | 10.1 % | -41.2 % | 32.0 % | 24.4 % | -18.2 % |
ROI | 10.0 % | -46.7 % | 36.8 % | 25.9 % | -16.1 % |
Economic value added (EVA) | -2 167.67 | -4 714.70 | -2 541.49 | - 122.88 | - 326.52 |
Solvency | |||||
Equity ratio | 93.1 % | 95.9 % | 95.2 % | 64.2 % | 99.9 % |
Gearing | 0.0 % | 0.0 % | 4.5 % | 51.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.4 | 0.0 | 0.9 | 194.4 |
Current ratio | 0.1 | 0.4 | 0.0 | 0.9 | 194.4 |
Cash and cash equivalents | 202.22 | 238.50 | 25.29 | 252.45 | 820.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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