GLOBAL AIRLINE CONNECT ApS — Credit Rating and Financial Key Figures

CVR number: 32890180
Per Henrik Lings Allé 4, 2100 København Ø
ibrahim@globalairlineconnect.dk
tel: 72304470
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Company information

Official name
GLOBAL AIRLINE CONNECT ApS
Personnel
9 persons
Established
2010
Company form
Private limited company
Industry

About GLOBAL AIRLINE CONNECT ApS

GLOBAL AIRLINE CONNECT ApS (CVR number: 32890180) is a company from KØBENHAVN. The company recorded a gross profit of 2456.9 kDKK in 2024. The operating profit was -2529.9 kDKK, while net earnings were -2524.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -43.9 %, which can be considered poor and Return on Equity (ROE) was -91.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. GLOBAL AIRLINE CONNECT ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 671.852 011.173 406.456 939.422 456.91
EBIT-1 096.85- 554.741 659.383 463.62-2 529.92
Net earnings- 950.15- 437.741 266.772 758.26-2 524.78
Shareholders equity total1 052.34614.601 881.384 639.64884.85
Balance sheet total (assets)2 868.892 385.823 285.376 828.824 237.00
Net debt166.87235.79- 263.84-1 135.02-1 083.29
Profitability
EBIT-%
ROA-27.4 %-21.1 %59.0 %70.7 %-43.9 %
ROE-62.2 %-52.5 %101.5 %84.6 %-91.4 %
ROI-36.2 %-31.0 %70.1 %84.8 %-69.6 %
Economic value added (EVA)-1 014.91- 453.631 306.792 676.88-2 665.12
Solvency
Equity ratio36.7 %25.8 %57.3 %67.9 %20.9 %
Gearing76.8 %180.2 %62.3 %15.9 %81.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.92.35.21.2
Current ratio1.10.92.35.21.2
Cash and cash equivalents641.22871.931 435.871 872.951 801.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-43.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.9%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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