COPENHAGEN AIR EXPERIENCE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About COPENHAGEN AIR EXPERIENCE A/S
COPENHAGEN AIR EXPERIENCE A/S (CVR number: 29820708) is a company from Høje-Taastrup. The company recorded a gross profit of 3747.7 kDKK in 2023. The operating profit was -35.3 kDKK, while net earnings were -120 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.4 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.9 %, 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. COPENHAGEN AIR EXPERIENCE A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 852.17 | 3 560.76 | 4 438.17 | 4 616.21 | 3 747.66 |
EBIT | 606.27 | 272.01 | 1 216.86 | 572.14 | -35.32 |
Net earnings | 510.53 | 174.13 | 1 314.51 | 585.37 | - 119.99 |
Shareholders equity total | 2 317.40 | 2 191.53 | 3 506.04 | 3 591.40 | 3 471.42 |
Balance sheet total (assets) | 7 466.15 | 7 767.13 | 9 291.44 | 8 841.99 | 7 914.78 |
Net debt | -1 265.24 | -2 679.60 | -4 617.40 | -4 336.51 | -3 570.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.3 % | 3.6 % | 14.3 % | 6.3 % | -0.4 % |
ROE | 24.8 % | 7.7 % | 46.1 % | 16.5 % | -3.4 % |
ROI | 14.1 % | 6.5 % | 27.3 % | 11.9 % | -0.8 % |
Economic value added (EVA) | 669.64 | 325.15 | 1 546.75 | 848.83 | 68.89 |
Solvency | |||||
Equity ratio | 31.0 % | 28.2 % | 37.7 % | 40.6 % | 43.9 % |
Gearing | 91.0 % | 79.0 % | 40.7 % | 31.3 % | 23.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.4 | 1.4 | 1.4 |
Current ratio | 1.3 | 1.2 | 1.5 | 1.4 | 1.4 |
Cash and cash equivalents | 3 374.84 | 4 410.81 | 6 045.46 | 5 461.42 | 4 391.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | BBB |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.