Sunclass Airlines ApS — Credit Rating and Financial Key Figures

Sunclass Airlines ApS (CVR number: 40844422) is a company from TÅRNBY. The company reported a net sales of 3907.7 mDKK in 2023, demonstrating a growth of 42.9 % compared to the previous year. The operating profit percentage was poor at -1.9 % (EBIT: -73 mDKK), while net earnings were -118 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Sunclass Airlines ApS'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.