WORLDWIDE FLIGHT SERVICES DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About WORLDWIDE FLIGHT SERVICES DENMARK A/S
WORLDWIDE FLIGHT SERVICES DENMARK A/S (CVR number: 28488262) is a company from TÅRNBY. The company recorded a gross profit of 171.4 mDKK in 2023. The operating profit was 21.5 mDKK, while net earnings were 15.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 17.4 %, which can be considered excellent. 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. WORLDWIDE FLIGHT SERVICES DENMARK A/S's liquidity measured by quick ratio was 7.2 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 | 105 593.00 | 101 712.00 | 109 409.00 | 127 514.40 | 171 419.28 |
EBIT | 4 461.00 | 11 382.00 | 18 361.00 | 17 527.08 | 21 492.39 |
Net earnings | 13 121.00 | 3 745.00 | 11 230.00 | 9 542.25 | 15 752.08 |
Shareholders equity total | 57 990.00 | 61 735.00 | 72 966.00 | 82 507.92 | 98 260.00 |
Balance sheet total (assets) | 133 428.00 | 321 472.00 | 372 698.00 | 466 502.43 | 469 923.01 |
Net debt | -29 491.23 | -17 131.48 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 3.7 % | 5.0 % | 5.3 % | 5.5 % | 8.3 % |
ROE | 25.5 % | 6.3 % | 16.7 % | 12.3 % | 17.4 % |
ROI | 4.0 % | 5.0 % | 5.3 % | 5.9 % | 9.4 % |
Economic value added (EVA) | 2 588.39 | 8 468.00 | 15 258.82 | 10 003.43 | 14 573.41 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 17.7 % | 20.9 % |
Gearing | 11.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.2 | 7.2 | |||
Current ratio | 5.3 | 7.2 | |||
Cash and cash equivalents | 39 121.78 | 17 131.48 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AA |
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