AIR ALSIE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AIR ALSIE A/S
AIR ALSIE A/S (CVR number: 12655983) is a company from SØNDERBORG. The company reported a net sales of 790.4 mDKK in 2023, demonstrating a decline of -10.9 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 32.5 mDKK), while net earnings were 25.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. AIR ALSIE A/S's liquidity measured by quick ratio was 2.3 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 610.93 | 517.20 | 886.71 | 790.42 | |
Gross profit | 107.49 | 129.45 | 142.03 | 157.44 | 170.47 |
EBIT | 7.26 | 12.45 | 22.66 | 28.85 | 32.45 |
Net earnings | 6.71 | 15.09 | 22.96 | 25.94 | |
Shareholders equity total | 47.25 | 57.01 | 72.53 | 90.73 | 84.71 |
Balance sheet total (assets) | 158.67 | 217.28 | 269.19 | 266.18 | 213.16 |
Net debt | -51.88 | -79.94 | -96.12 | -85.32 | -60.25 |
Profitability | |||||
EBIT-% | 1.2 % | 2.4 % | 3.3 % | 4.1 % | |
ROA | 5.5 % | 6.0 % | 9.7 % | 11.2 % | 14.7 % |
ROE | 14.5 % | 28.9 % | 28.1 % | 29.6 % | |
ROI | 10.1 % | 11.3 % | 20.6 % | 22.6 % | 29.2 % |
Economic value added (EVA) | 5.22 | 10.65 | 18.10 | 24.32 | 25.31 |
Solvency | |||||
Equity ratio | 36.7 % | 32.9 % | 33.5 % | 38.8 % | 47.3 % |
Gearing | 19.9 % | 8.8 % | 1.9 % | 0.1 % | 0.5 % |
Relative net indebtedness % | 3.1 % | 7.4 % | 4.1 % | 7.0 % | |
Liquidity | |||||
Quick ratio | 3.1 | 2.8 | 2.8 | 2.7 | 2.3 |
Current ratio | 2.0 | 1.8 | 1.9 | 2.1 | 1.8 |
Cash and cash equivalents | 61.27 | 84.94 | 97.50 | 85.42 | 60.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.0 | 48.2 | 46.1 | 51.4 | |
Net working capital % | 11.8 % | 17.7 % | 13.8 % | 10.8 % | |
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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