NORDIC AIR AMBULANCE A/S — Credit Rating and Financial Key Figures

CVR number: 33643179
Strandvejen 44, 2900 Hellerup

Credit rating

Company information

Official name
NORDIC AIR AMBULANCE A/S
Established
2011
Company form
Limited company
Industry
  • Expand more icon77Rental and leasing activities

About NORDIC AIR AMBULANCE A/S

NORDIC AIR AMBULANCE A/S (CVR number: 33643179) is a company from GENTOFTE. The company reported a net sales of 14.5 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was at 47.7 % (EBIT: 6.9 mDKK), while net earnings were 1382.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 18.9 %, 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. NORDIC AIR AMBULANCE A/S's liquidity measured by quick ratio was 5.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales14 547.7014 547.7014 547.7014 547.7014 547.70
Gross profit14 403.7714 441.2114 420.2014 420.7814 408.58
EBIT7 004.716 968.776 938.266 938.846 933.37
Net earnings1 104.842 942.073 108.223 176.671 382.23
Shareholders equity total14 729.6017 796.8920 905.1124 081.7825 464.01
Balance sheet total (assets)150 785.94146 056.75141 124.71134 969.37147 330.23
Net debt125 560.95114 246.47103 320.1092 886.89105 297.82
Profitability
EBIT-%48.1 %47.9 %47.7 %47.7 %47.7 %
ROA4.5 %5.0 %4.8 %5.1 %5.0 %
ROE7.9 %18.1 %16.1 %14.1 %5.6 %
ROI4.6 %5.0 %4.9 %5.0 %4.6 %
Economic value added (EVA)887.95- 836.36- 448.83-69.64279.31
Solvency
Equity ratio9.8 %12.2 %14.8 %19.3 %18.9 %
Gearing858.8 %655.6 %511.2 %403.5 %418.8 %
Relative net indebtedness %865.0 %790.1 %717.2 %571.5 %648.0 %
Liquidity
Quick ratio0.50.70.82.75.8
Current ratio0.50.70.82.75.8
Cash and cash equivalents933.202 426.103 549.584 278.471 334.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-52.8 %-38.4 %-22.4 %61.8 %47.0 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:4.98%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.9%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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