FlyGAC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FlyGAC A/S
FlyGAC A/S (CVR number: 38063782) is a company from BILLUND. The company recorded a gross profit of 12.4 kDKK in 2024. The operating profit was -21.2 kDKK, while net earnings were -10.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FlyGAC A/S's liquidity measured by quick ratio was 8.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 336.61 | 16.66 | 15.79 | -23.22 | 12.36 |
EBIT | - 338.12 | -77.06 | -96.85 | -92.87 | -21.19 |
Net earnings | - 282.51 | -62.10 | -76.74 | -70.47 | -10.56 |
Shareholders equity total | 822.30 | 760.20 | 683.46 | 612.99 | 602.43 |
Balance sheet total (assets) | 1 169.73 | 837.05 | 742.99 | 676.91 | 663.20 |
Net debt | - 850.29 | - 545.52 | - 477.82 | - 402.13 | - 229.78 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.9 % | -7.5 % | -12.2 % | -12.7 % | -1.9 % |
ROE | -29.3 % | -7.8 % | -10.6 % | -10.9 % | -1.7 % |
ROI | -19.8 % | -8.5 % | -13.3 % | -14.0 % | -2.0 % |
Economic value added (EVA) | - 205.00 | -53.43 | -86.33 | -81.88 | -28.62 |
Solvency | |||||
Equity ratio | 70.3 % | 90.8 % | 92.0 % | 90.6 % | 90.8 % |
Gearing | 12.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.3 | 8.2 | 9.5 | 8.2 | 8.8 |
Current ratio | 4.3 | 8.6 | 9.9 | 8.6 | 9.2 |
Cash and cash equivalents | 955.28 | 545.52 | 477.82 | 402.13 | 229.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BBB |
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