SAS GROUND HANDLING DENMARK A/S

CVR number: 32339026
Kastrup Tværvej B 4, 2770 Kastrup
kenneth.mork@sas.dk

Credit rating

Company information

Official name
SAS GROUND HANDLING DENMARK A/S
Personnel
1463 persons
Established
2013
Company form
Limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About the company

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.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales1 208.08566.93437.67827.86945.92
Gross profit929.25567.84303.49605.77725.06
EBIT35.02- 268.55-61.3148.9875.21
Net earnings27.31- 266.17-60.6648.9380.66
Shareholders equity total132.6046.4390.78139.71220.36
Balance sheet total (assets)328.25228.86184.06248.21371.00
Net debt6.738.68
Profitability
EBIT-%2.9 %-47.4 %-14.0 %5.9 %8.0 %
ROA11.4 %-96.4 %-29.7 %22.7 %25.7 %
ROE23.0 %-297.3 %-88.4 %42.5 %44.8 %
ROI11.4 %-96.4 %-29.7 %29.4 %42.0 %
Economic value added (EVA)29.73- 275.21-63.6444.4269.92
Solvency
Equity ratio100.0 %100.0 %100.0 %56.2 %59.4 %
Gearing6.7 %4.2 %
Relative net indebtedness %12.8 %15.9 %
Liquidity
Quick ratio2.22.4
Current ratio2.22.4
Cash and cash equivalents2.650.49
Capital use efficiency
Trade debtors turnover (days)9.48.2
Net working capital %15.8 %21.8 %
Credit risk
Credit ratingBBBBAA

Variable visualization

ROA:25.7%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.4%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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