FlyGAC A/S — Credit Rating and Financial Key Figures

CVR number: 38063782
Åstvej 10 B, 7190 Billund
mp@flygac.com

Credit rating

Company information

Official name
FlyGAC A/S
Personnel
1 person
Established
2016
Company form
Limited company
Industry
  • Expand more icon51Air transport

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit336.6116.6615.79-23.2212.36
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 total822.30760.20683.46612.99602.43
Balance sheet total (assets)1 169.73837.05742.99676.91663.20
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 ratio70.3 %90.8 %92.0 %90.6 %90.8 %
Gearing12.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.38.29.58.28.8
Current ratio4.38.69.98.69.2
Cash and cash equivalents955.28545.52477.82402.13229.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.85%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.8%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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