Airofit A/S — Credit Rating and Financial Key Figures

CVR number: 37618772
Titangade 11 A, 2200 København N

Credit rating

Company information

Official name
Airofit A/S
Personnel
10 persons
Established
2016
Company form
Limited company
Industry

About Airofit A/S

Airofit A/S (CVR number: 37618772) is a company from KØBENHAVN. The company recorded a gross profit of 7875.5 kDKK in 2024. The operating profit was 2041.9 kDKK, while net earnings were -98.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 6.3 %, 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. Airofit A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit6 757.0011 180.00- 486.008 232.007 875.50
EBIT1 350.001 256.00-11 595.00-1 512.002 041.93
Net earnings728.001 009.00-9 580.00-2 914.00-98.08
Shareholders equity total10 145.0014 640.004 710.001 796.001 697.51
Balance sheet total (assets)22 569.0041 887.0041 337.0030 645.0026 849.21
Net debt29.005 531.0020 468.0017 533.0020 135.46
Profitability
EBIT-%
ROA6.9 %3.8 %-27.8 %-4.1 %7.2 %
ROE8.1 %8.1 %-99.0 %-89.6 %-5.6 %
ROI8.1 %4.8 %-33.9 %-4.9 %8.9 %
Economic value added (EVA)340.50-94.45-9 908.46-3 033.56557.11
Solvency
Equity ratio45.0 %35.0 %11.4 %5.9 %6.3 %
Gearing72.7 %90.8 %667.1 %1220.0 %1239.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.20.50.2
Current ratio1.51.81.80.80.4
Cash and cash equivalents7 342.007 765.0010 954.004 379.00902.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:7.25%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.32%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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