Star Air Crew & Training Company A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Star Air Crew & Training Company A/S
Star Air Crew & Training Company A/S (CVR number: 42943029) is a company from KØBENHAVN. The company reported a net sales of 40.4 mUSD in 2024, demonstrating a decline of -3.3 % compared to the previous year. The operating profit percentage was at 4.3 % (EBIT: 1.7 mUSD), while net earnings were 2786 kUSD. The profitability of the company measured by Return on Assets (ROA) was 38.1 %, which can be considered excellent and Return on Equity (ROE) was 57.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.5 %, 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. Star Air Crew & Training Company 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 financialsNet sales (mUSD)
EBIT (mUSD)
Profitability
Solidity
Key figures (mUSD)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 39.64 | 41.82 | 40.43 |
Gross profit | 39.13 | 39.94 | 38.48 |
EBIT | 1.88 | 1.92 | 1.74 |
Net earnings | 1.00 | 0.93 | 2.79 |
Shareholders equity total | 2.56 | 3.49 | 6.28 |
Balance sheet total (assets) | 6.28 | 8.03 | 10.73 |
Net debt | 0.28 | 0.04 | |
Profitability | |||
EBIT-% | 4.8 % | 4.6 % | 4.3 % |
ROA | 30.0 % | 26.8 % | 38.1 % |
ROE | 39.0 % | 30.6 % | 57.1 % |
ROI | 73.5 % | 60.6 % | 70.9 % |
Economic value added (EVA) | 1.47 | 1.37 | 1.17 |
Solvency | |||
Equity ratio | 40.8 % | 43.5 % | 58.5 % |
Gearing | 8.1 % | 0.6 % | |
Relative net indebtedness % | 9.4 % | 10.9 % | 11.0 % |
Liquidity | |||
Quick ratio | 1.7 | 1.8 | 2.4 |
Current ratio | 1.7 | 1.8 | 2.4 |
Cash and cash equivalents | |||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | 6.5 % | 8.3 % | 15.5 % |
Credit risk | |||
Credit rating | BBB | BBB | BBB |
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