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SAS Link Crew Services A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SAS Link Crew Services A/S
SAS Link Crew Services A/S (CVR number: 24202941) is a company from TÅRNBY. The company reported a net sales of 311.6 mDKK in 2025, demonstrating a growth of 64.5 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 7 mDKK), while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.9 %, 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. SAS Link Crew Services A/S's liquidity measured by quick ratio was 2.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 53.29 | 130.62 | 189.39 | 311.56 | |
| Gross profit | -0.01 | 42.64 | 100.02 | 132.87 | 241.39 |
| EBIT | -0.01 | 2.91 | 2.55 | 3.10 | 7.01 |
| Net earnings | -1.09 | 2.71 | 2.38 | 3.58 | 11.10 |
| Shareholders equity total | 30.18 | 32.85 | 35.22 | 38.23 | 48.08 |
| Balance sheet total (assets) | 30.18 | 38.94 | 54.06 | 58.75 | 83.00 |
| Net debt | 5.89 | 8.08 | 6.07 | ||
| Profitability | |||||
| EBIT-% | 5.5 % | 2.0 % | 1.6 % | 2.3 % | |
| ROA | -0.0 % | 8.4 % | 7.4 % | 7.8 % | 11.2 % |
| ROE | -3.6 % | 8.6 % | 7.0 % | 9.7 % | 25.7 % |
| ROI | -0.0 % | 9.2 % | 9.3 % | 10.1 % | 15.8 % |
| Economic value added (EVA) | -1.58 | 1.30 | 0.74 | 0.75 | 2.65 |
| Solvency | |||||
| Equity ratio | 100.0 % | 84.4 % | 65.1 % | 65.1 % | 57.9 % |
| Gearing | 16.7 % | 21.1 % | 12.6 % | ||
| Relative net indebtedness % | 11.4 % | 14.4 % | 10.8 % | 11.2 % | |
| Liquidity | |||||
| Quick ratio | 6.4 | 3.4 | 3.1 | 2.5 | |
| Current ratio | 6.4 | 3.4 | 3.1 | 2.5 | |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 61.6 % | 29.0 % | 21.1 % | 16.1 % | |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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