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 788 mDKK in 2024, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 4.1 mDKK), while net earnings were 6975 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.4 %, 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 2.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 517.20 | 766.33 | 886.71 | 790.42 | 788.00 |
| Gross profit | 129.45 | 142.03 | 157.44 | 170.47 | 149.36 |
| EBIT | 12.45 | 19.38 | 28.85 | 32.45 | 4.09 |
| Net earnings | 15.09 | 17.08 | 22.96 | 25.94 | 6.97 |
| Shareholders equity total | 57.01 | 72.53 | 90.73 | 84.71 | 71.96 |
| Balance sheet total (assets) | 217.28 | 269.19 | 266.18 | 213.16 | 186.40 |
| Net debt | -79.94 | -96.12 | -85.32 | -60.25 | -26.28 |
| Profitability | |||||
| EBIT-% | 2.4 % | 2.5 % | 3.3 % | 4.1 % | 0.5 % |
| ROA | 6.0 % | 8.4 % | 11.2 % | 14.7 % | 4.3 % |
| ROE | 28.9 % | 26.4 % | 28.1 % | 29.6 % | 8.9 % |
| ROI | 11.3 % | 17.8 % | 22.6 % | 29.2 % | 9.5 % |
| Economic value added (EVA) | 4.82 | 10.12 | 16.37 | 17.70 | -1.57 |
| Solvency | |||||
| Equity ratio | 32.9 % | 33.5 % | 38.8 % | 47.3 % | 49.4 % |
| Gearing | 8.8 % | 1.9 % | 0.1 % | 0.5 % | 0.5 % |
| Relative net indebtedness % | 7.4 % | 6.7 % | 4.1 % | 7.0 % | 9.7 % |
| Liquidity | |||||
| Quick ratio | 2.8 | 2.8 | 2.7 | 2.3 | 2.6 |
| Current ratio | 1.8 | 1.9 | 2.1 | 1.8 | 1.7 |
| Cash and cash equivalents | 84.94 | 97.50 | 85.42 | 60.65 | 26.66 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 48.2 | 41.0 | 46.1 | 51.4 | 47.1 |
| Net working capital % | 17.7 % | 14.3 % | 13.8 % | 10.8 % | 8.9 % |
| Credit risk | |||||
| Credit rating | AA | AA | A | A | A |
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