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 -20.4 kDKK in 2023. The operating profit was -40.6 kDKK, while net earnings were 915.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.5 %, 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 67.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -14.08 | -14.80 | -21.23 | -16.47 | -20.40 |
EBIT | -14.08 | -14.80 | -21.23 | -16.47 | -40.62 |
Net earnings | 98.14 | 1 832.67 | - 513.78 | 284.23 | 915.93 |
Shareholders equity total | 8 563.55 | 10 285.62 | 9 658.84 | 9 828.67 | 10 626.81 |
Balance sheet total (assets) | 8 606.58 | 10 784.32 | 9 670.66 | 9 840.15 | 10 785.55 |
Net debt | -7 015.47 | -9 955.77 | -8 651.27 | -8 891.06 | -9 869.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.0 % | 24.7 % | 1.6 % | 4.5 % | 11.7 % |
ROE | 1.1 % | 19.4 % | -5.2 % | 2.9 % | 9.0 % |
ROI | 2.1 % | 25.4 % | 1.6 % | 4.5 % | 11.8 % |
Economic value added (EVA) | - 109.72 | -89.34 | -33.14 | -62.65 | -79.36 |
Solvency | |||||
Equity ratio | 99.5 % | 95.4 % | 99.9 % | 99.9 % | 98.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 194.3 | 21.6 | 818.5 | 857.8 | 67.9 |
Current ratio | 194.3 | 21.6 | 818.5 | 857.8 | 67.9 |
Cash and cash equivalents | 7 015.47 | 9 955.77 | 8 651.27 | 8 891.06 | 9 869.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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