AIRPLUS DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 21093785
Teglholmsgade 6 A, 2450 København SV
jsh@airplus.dk
tel: 35353744

Credit rating

Company information

Official name
AIRPLUS DENMARK A/S
Established
1998
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About AIRPLUS DENMARK A/S

AIRPLUS DENMARK A/S (CVR number: 21093785) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -18.4 % compared to the previous year. The operating profit percentage was at 67 % (EBIT: 0 mDKK), while net earnings were 52 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AIRPLUS DENMARK A/S's liquidity measured by quick ratio was 64.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales28.1226.8931.0825.36
Gross profit3.7114.3811.7215.6117.00
EBIT3.7114.3811.7215.6117.00
Net earnings37.6046.7044.7654.4852.01
Shareholders equity total1 088.291 134.991 179.751 234.231 286.24
Balance sheet total (assets)1 109.681 150.341 202.621 244.251 306.42
Net debt-9.55-0.66-4.11-11.00-22.37
Profitability
EBIT-%51.1 %43.6 %50.2 %67.0 %
ROA4.2 %5.1 %4.9 %5.1 %5.2 %
ROE3.5 %4.2 %3.9 %4.5 %4.1 %
ROI4.2 %5.2 %5.0 %5.2 %5.3 %
Economic value added (EVA)-49.56-42.54-47.86-45.56-48.20
Solvency
Equity ratio98.1 %98.7 %98.1 %99.2 %98.5 %
Gearing
Relative net indebtedness %52.2 %69.8 %-3.1 %-8.7 %
Liquidity
Quick ratio51.474.652.2123.664.5
Current ratio51.975.052.6124.264.8
Cash and cash equivalents9.550.664.1111.0022.37
Capital use efficiency
Trade debtors turnover (days)92.582.8109.9
Net working capital %4036.4 %4387.0 %3970.9 %5071.1 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:5.23%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.5%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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