BEL AIR AVIATION A/S — Credit Rating and Financial Key Figures

CVR number: 29143307
Vestre Lufthavnsvej 54, 6705 Esbjerg Ø
post@belair.dk
tel: 76363900

Credit rating

Company information

Official name
BEL AIR AVIATION A/S
Personnel
60 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon51Air transport

About BEL AIR AVIATION A/S

BEL AIR AVIATION A/S (CVR number: 29143307) is a company from ESBJERG. The company recorded a gross profit of 77.2 mDKK in 2023. The operating profit was 24 mDKK, while net earnings were 18.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 26.9 %, which can be considered excellent and Return on Equity (ROE) was 41.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.4 %, 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. BEL AIR AVIATION A/S's liquidity measured by quick ratio was 1.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit29 146.1925 686.9131 672.5043 203.8177 182.19
EBIT1 513.79-3 193.651 942.738 152.6523 960.47
Net earnings1 091.61-2 538.241 660.196 245.2718 636.52
Shareholders equity total32 868.2530 330.0131 990.1938 235.4751 871.98
Balance sheet total (assets)80 072.5076 337.4377 617.4478 864.63105 120.04
Net debt4 992.68233.09
Profitability
EBIT-%
ROA1.9 %-4.1 %2.5 %11.2 %26.9 %
ROE3.4 %-8.0 %5.3 %17.8 %41.4 %
ROI2.2 %-4.1 %2.5 %13.1 %40.5 %
Economic value added (EVA)1 008.10-4 845.28418.645 305.2816 758.22
Solvency
Equity ratio100.0 %100.0 %100.0 %48.9 %49.4 %
Gearing13.6 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.9
Current ratio1.91.9
Cash and cash equivalents204.35391.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:26.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.4%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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