Airseven A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Airseven A/S
Airseven A/S (CVR number: 41797835) is a company from ROSKILDE. The company reported a net sales of 323.6 mDKK in 2023, demonstrating a growth of 5.9 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 3 mDKK), while net earnings were 2761.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 46.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. Airseven A/S's liquidity measured by quick ratio was 1.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 76.67 | 305.56 | 323.56 | |
Gross profit | 13.27 | 33.19 | 35.59 | |
EBIT | 0.72 | 3.33 | 3.03 | |
Net earnings | 0.45 | 2.15 | 2.76 | |
Shareholders equity total | 5.00 | 5.45 | 6.64 | 5.21 |
Balance sheet total (assets) | 5.00 | 20.60 | 35.19 | 45.04 |
Net debt | -5.00 | -4.16 | 10.11 | -2.72 |
Profitability | ||||
EBIT-% | 0.9 % | 1.1 % | 0.9 % | |
ROA | 5.6 % | 12.0 % | 9.2 % | |
ROE | 8.6 % | 35.6 % | 46.6 % | |
ROI | 8.1 % | 17.0 % | 18.4 % | |
Economic value added (EVA) | 0.78 | 2.91 | 2.44 | |
Solvency | ||||
Equity ratio | 100.0 % | 45.9 % | 30.2 % | 29.6 % |
Gearing | 132.5 % | 297.6 % | 163.3 % | |
Relative net indebtedness % | 4.8 % | 6.2 % | 8.8 % | |
Liquidity | ||||
Quick ratio | 1.3 | 0.6 | 1.3 | |
Current ratio | 1.3 | 0.6 | 0.8 | |
Cash and cash equivalents | 5.00 | 11.37 | 9.64 | 11.23 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 6.6 | 2.0 | 1.5 | |
Net working capital % | 3.8 % | -2.8 % | -2.3 % | |
Credit risk | ||||
Credit rating | A | A | BBB |
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