SAS GROUND HANDLING DENMARK A/S — Credit Rating and Financial Key Figures

SAS GROUND HANDLING DENMARK A/S (CVR number: 32339026) is a company from TÅRNBY. The company reported a net sales of 945.9 mDKK in 2023, demonstrating a growth of 14.3 % compared to the previous year. The operating profit percentage was at 8 % (EBIT: 75.2 mDKK), while net earnings were 80.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 44.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. SAS GROUND HANDLING DENMARK A/S's liquidity measured by quick ratio was 2.4 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.