KIRK AVIATION A/S — Credit Rating and Financial Key Figures

CVR number: 31786347
Havneøen 1, 7100 Vejle

Credit rating

Company information

Official name
KIRK AVIATION A/S
Established
2008
Company form
Limited company
Industry

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 financials

Gross profit (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 378.721 858.36-1 244.24589.61-3.17
EBIT949.31-2 620.11-1 572.251 685.03-3.17
Net earnings5 494.02-17 091.158 874.823 809.60- 686.14
Shareholders equity total54 644.0128 358.4327 062.084 150.613 396.98
Balance sheet total (assets)58 720.6629 581.7028 424.426 469.653 401.71
Net debt- 194.98- 234.871 179.761 897.41- 820.99
Profitability
EBIT-%
ROA9.6 %-45.0 %35.9 %25.8 %-16.0 %
ROE10.1 %-41.2 %32.0 %24.4 %-18.2 %
ROI10.0 %-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 ratio93.1 %95.9 %95.2 %64.2 %99.9 %
Gearing0.0 %0.0 %4.5 %51.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.40.00.9194.4
Current ratio0.10.40.00.9194.4
Cash and cash equivalents202.22238.5025.29252.45820.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-16.0%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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