AIRLINE MARKETING AND SALES ApS
Credit rating
Company information
About AIRLINE MARKETING AND SALES ApS
AIRLINE MARKETING AND SALES ApS (CVR number: 26308836) is a company from KØBENHAVN. The company reported a net sales of 9.6 mDKK in 2023, demonstrating a decline of -28.5 % compared to the previous year. The operating profit percentage was at 41.5 % (EBIT: 4 mDKK), while net earnings were 3191.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.6 %, which can be considered excellent and Return on Equity (ROE) was 64.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.2 %, 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. AIRLINE MARKETING AND SALES ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 19 580.00 | 5 615.00 | 5 451.00 | 13 359.00 | 9 553.39 |
Gross profit | 16 311.00 | 3 654.00 | 4 005.00 | 11 645.00 | 7 627.01 |
EBIT | 7 147.00 | -1 442.00 | 1 168.00 | 7 527.00 | 3 962.47 |
Net earnings | 5 343.00 | -1 423.00 | 873.00 | 5 833.00 | 3 191.86 |
Shareholders equity total | 6 051.00 | - 373.00 | 501.00 | 6 334.00 | 3 525.96 |
Balance sheet total (assets) | 9 003.00 | 2 703.00 | 6 340.00 | 9 117.00 | 10 958.93 |
Net debt | -7 286.00 | - 394.00 | -2 336.00 | -8 223.00 | -9 767.43 |
Profitability | |||||
EBIT-% | 36.5 % | -25.7 % | 21.4 % | 56.3 % | 41.5 % |
ROA | 68.5 % | -23.0 % | 24.8 % | 97.4 % | 41.6 % |
ROE | 90.9 % | -32.5 % | 54.5 % | 170.7 % | 64.7 % |
ROI | 110.5 % | -34.5 % | 44.2 % | 143.1 % | 77.4 % |
Economic value added (EVA) | 5 659.80 | -1 296.60 | 1 071.86 | 6 414.64 | 3 263.88 |
Solvency | |||||
Equity ratio | 67.2 % | -12.1 % | 7.9 % | 69.5 % | 32.2 % |
Gearing | 0.4 % | -287.1 % | 612.8 % | 6.2 % | |
Relative net indebtedness % | -24.9 % | 22.7 % | 2.3 % | -43.0 % | -30.8 % |
Liquidity | |||||
Quick ratio | 3.8 | 1.0 | 1.1 | 3.7 | 1.6 |
Current ratio | 3.8 | 1.0 | 1.1 | 3.7 | 1.6 |
Cash and cash equivalents | 7 309.00 | 1 465.00 | 5 406.00 | 8 223.00 | 9 985.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.8 | 16.5 | 44.9 | 22.4 | 34.7 |
Net working capital % | 33.7 % | -0.8 % | 14.8 % | 49.7 % | 41.0 % |
Credit risk | |||||
Credit rating | BB | B | BBB | BB | BB |
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