Euro Cargo Aviation ApS — Credit Rating and Financial Key Figures

Euro Cargo Aviation ApS (CVR number: 40052836) is a company from TÅRNBY. The company recorded a gross profit of 3992.8 kDKK in 2023. The operating profit was 1651.3 kDKK, while net earnings were 1168.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 68.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.6 %, 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. Euro Cargo Aviation ApS'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.