AIRPLUS DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 28.12 | 26.89 | 31.08 | 25.36 | |
Gross profit | 3.71 | 14.38 | 11.72 | 15.61 | 17.00 |
EBIT | 3.71 | 14.38 | 11.72 | 15.61 | 17.00 |
Net earnings | 37.60 | 46.70 | 44.76 | 54.48 | 52.01 |
Shareholders equity total | 1 088.29 | 1 134.99 | 1 179.75 | 1 234.23 | 1 286.24 |
Balance sheet total (assets) | 1 109.68 | 1 150.34 | 1 202.62 | 1 244.25 | 1 306.42 |
Net debt | -9.55 | -0.66 | -4.11 | -11.00 | -22.37 |
Profitability | |||||
EBIT-% | 51.1 % | 43.6 % | 50.2 % | 67.0 % | |
ROA | 4.2 % | 5.1 % | 4.9 % | 5.1 % | 5.2 % |
ROE | 3.5 % | 4.2 % | 3.9 % | 4.5 % | 4.1 % |
ROI | 4.2 % | 5.2 % | 5.0 % | 5.2 % | 5.3 % |
Economic value added (EVA) | -49.56 | -42.54 | -47.86 | -45.56 | -48.20 |
Solvency | |||||
Equity ratio | 98.1 % | 98.7 % | 98.1 % | 99.2 % | 98.5 % |
Gearing | |||||
Relative net indebtedness % | 52.2 % | 69.8 % | -3.1 % | -8.7 % | |
Liquidity | |||||
Quick ratio | 51.4 | 74.6 | 52.2 | 123.6 | 64.5 |
Current ratio | 51.9 | 75.0 | 52.6 | 124.2 | 64.8 |
Cash and cash equivalents | 9.55 | 0.66 | 4.11 | 11.00 | 22.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 92.5 | 82.8 | 109.9 | ||
Net working capital % | 4036.4 % | 4387.0 % | 3970.9 % | 5071.1 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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