SWISSPORT DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SWISSPORT DENMARK A/S
SWISSPORT DENMARK A/S (CVR number: 20566981) is a company from TÅRNBY. The company reported a net sales of 16 mDKK in 2023, demonstrating a growth of 71.8 % compared to the previous year. The operating profit percentage was at 9.4 % (EBIT: 1.5 mDKK), while net earnings were 1476.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.2 %, which can be considered excellent and Return on Equity (ROE) was 35 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SWISSPORT DENMARK A/S's liquidity measured by quick ratio was 2.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 12 951.59 | 2 635.07 | 2 800.19 | 9 291.94 | 15 966.56 |
Gross profit | 3 964.31 | - 659.80 | 409.00 | 1 246.98 | 4 744.27 |
EBIT | 852.57 | -3 176.05 | -1 765.57 | -1 720.99 | 1 494.74 |
Net earnings | 875.47 | -3 151.88 | -1 705.89 | -1 778.91 | 1 476.67 |
Shareholders equity total | 10 113.68 | 6 961.79 | 5 255.91 | 3 477.00 | 4 953.66 |
Balance sheet total (assets) | 12 429.08 | 7 960.20 | 7 044.20 | 6 228.08 | 7 592.62 |
Net debt | -4 000.96 | - 789.95 | 28.51 | - 669.54 | -1 338.78 |
Profitability | |||||
EBIT-% | 6.6 % | -120.5 % | -63.1 % | -18.5 % | 9.4 % |
ROA | 7.9 % | -30.3 % | -22.4 % | -25.8 % | 22.2 % |
ROE | 9.0 % | -36.9 % | -27.9 % | -40.7 % | 35.0 % |
ROI | 9.3 % | -35.0 % | -26.2 % | -34.4 % | 30.3 % |
Economic value added (EVA) | 533.75 | -3 467.57 | -2 075.55 | -1 975.25 | 1 395.25 |
Solvency | |||||
Equity ratio | 81.4 % | 87.5 % | 74.6 % | 55.8 % | 65.2 % |
Gearing | 3.1 % | 0.0 % | 4.3 % | 23.8 % | 17.9 % |
Relative net indebtedness % | -15.4 % | 7.8 % | 56.9 % | 13.5 % | 2.6 % |
Liquidity | |||||
Quick ratio | 5.5 | 9.8 | 4.3 | 2.4 | 2.8 |
Current ratio | 5.5 | 9.8 | 4.3 | 2.4 | 2.8 |
Cash and cash equivalents | 4 312.23 | 793.03 | 195.97 | 1 497.16 | 2 223.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.4 | 5.1 | 133.0 | 32.8 | 34.3 |
Net working capital % | 78.5 % | 264.4 % | 189.1 % | 38.0 % | 29.8 % |
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | A |
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