AIRTEC HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 26879930
Søbakken 12, 7620 Lemvig

Company information

Official name
AIRTEC HOLDING A/S
Personnel
1 person
Established
2002
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings98.141 832.67- 513.78284.23915.93
Shareholders equity total8 563.5510 285.629 658.849 828.6710 626.81
Balance sheet total (assets)8 606.5810 784.329 670.669 840.1510 785.55
Net debt-7 015.47-9 955.77-8 651.27-8 891.06-9 869.62
Profitability
EBIT-%
ROA2.0 %24.7 %1.6 %4.5 %11.7 %
ROE1.1 %19.4 %-5.2 %2.9 %9.0 %
ROI2.1 %25.4 %1.6 %4.5 %11.8 %
Economic value added (EVA)- 109.72-89.34-33.14-62.65-79.36
Solvency
Equity ratio99.5 %95.4 %99.9 %99.9 %98.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio194.321.6818.5857.867.9
Current ratio194.321.6818.5857.867.9
Cash and cash equivalents7 015.479 955.778 651.278 891.069 869.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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