AIRTEC HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AIRTEC HOLDING A/S
AIRTEC HOLDING A/S (CVR number: 26879930) is a company from LEMVIG. The company recorded a gross profit of -25.7 kDKK in 2024. The operating profit was -107.9 kDKK, while net earnings were -378.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AIRTEC HOLDING A/S's liquidity measured by quick ratio was 719.6 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 | -14.80 | -21.23 | -16.47 | -20.40 | -25.65 |
EBIT | -14.80 | -21.23 | -16.47 | -40.62 | - 107.89 |
Net earnings | 1 832.67 | - 513.78 | 284.23 | 915.93 | - 378.52 |
Shareholders equity total | 10 285.62 | 9 658.84 | 9 828.67 | 10 626.81 | 10 126.29 |
Balance sheet total (assets) | 10 784.32 | 9 670.66 | 9 840.15 | 10 785.55 | 10 140.38 |
Net debt | -9 955.77 | -8 651.27 | -8 891.06 | -9 869.62 | -8 576.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 24.7 % | 1.6 % | 4.5 % | 11.7 % | 1.0 % |
ROE | 19.4 % | -5.2 % | 2.9 % | 9.0 % | -3.6 % |
ROI | 25.4 % | 1.6 % | 4.5 % | 11.8 % | 1.0 % |
Economic value added (EVA) | - 441.86 | - 533.41 | - 497.38 | - 526.14 | - 624.29 |
Solvency | |||||
Equity ratio | 95.4 % | 99.9 % | 99.9 % | 98.5 % | 99.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 21.6 | 818.5 | 857.8 | 67.9 | 719.6 |
Current ratio | 21.6 | 818.5 | 857.8 | 67.9 | 719.6 |
Cash and cash equivalents | 9 955.77 | 8 651.27 | 8 891.06 | 9 869.62 | 8 576.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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