BILLUND LUFTHAVN A/S — Credit Rating and Financial Key Figures

CVR number: 23343118
Passagerterminalen 10, 7190 Billund

Credit rating

Company information

Official name
BILLUND LUFTHAVN A/S
Personnel
1155 persons
Established
1999
Company form
Limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About BILLUND LUFTHAVN A/S

BILLUND LUFTHAVN A/S (CVR number: 23343118) is a company from BILLUND. The company reported a net sales of 923.7 mDKK in 2023, demonstrating a growth of 14.2 % compared to the previous year. The operating profit percentage was at 1.5 % (EBIT: 13.5 mDKK), while net earnings were -4967 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 40.7 %, 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. BILLUND LUFTHAVN A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales877.95302.71350.68808.79923.66
Gross profit877.95302.71350.68793.80916.33
EBIT58.74- 176.36-68.2733.6313.54
Net earnings52.60- 179.03-81.0722.92-4.97
Shareholders equity total715.47530.37473.60579.87554.35
Balance sheet total (assets)1 242.121 226.971 174.631 390.751 362.20
Net debt415.98559.46
Profitability
EBIT-%6.7 %-58.3 %-19.5 %4.2 %1.5 %
ROA4.8 %-14.3 %-5.7 %2.6 %1.1 %
ROE7.6 %-28.7 %-16.1 %4.4 %-0.9 %
ROI4.8 %-14.3 %-5.7 %2.9 %1.3 %
Economic value added (EVA)25.39- 212.31-94.929.83-30.79
Solvency
Equity ratio100.0 %100.0 %100.0 %41.7 %40.7 %
Gearing99.2 %108.3 %
Relative net indebtedness %80.6 %83.1 %
Liquidity
Quick ratio1.51.0
Current ratio1.71.2
Cash and cash equivalents159.2640.74
Capital use efficiency
Trade debtors turnover (days)32.936.3
Net working capital %16.6 %4.0 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:1.08%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.7%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member
Board member

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