EUROPEAN AIRCRAFT SALES A/S — Credit Rating and Financial Key Figures

CVR number: 32656188
Lufthavnvej 151, Beldringe 5270 Odense N
bjarne@europeanaircraftsales.com
tel: 40165401
www.europeanaircraftsales.com

Credit rating

Company information

Official name
EUROPEAN AIRCRAFT SALES A/S
Personnel
5 persons
Established
2009
Domicile
Beldringe
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About EUROPEAN AIRCRAFT SALES A/S

EUROPEAN AIRCRAFT SALES A/S (CVR number: 32656188) is a company from NORDFYNS. The company recorded a gross profit of 12.7 mDKK in 2023. The operating profit was 7895.9 kDKK, while net earnings were 6419 kDKK. The profitability of the company measured by Return on Assets (ROA) was 66.9 %, which can be considered excellent and Return on Equity (ROE) was 90.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. EUROPEAN AIRCRAFT SALES A/S's liquidity measured by quick ratio was 8.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 210.002 855.0011 842.006 694.0012 741.81
EBIT-23.00462.007 327.003 293.007 895.93
Net earnings85.00111.006 029.002 164.006 418.97
Shareholders equity total5 646.003 757.009 485.005 399.008 817.97
Balance sheet total (assets)9 363.006 773.0013 452.009 187.0016 248.87
Net debt-3 439.00-4 327.00-8 828.00-6 201.00-10 917.90
Profitability
EBIT-%
ROA1.0 %7.7 %77.7 %45.1 %66.9 %
ROE1.3 %2.4 %91.1 %29.1 %90.3 %
ROI2.2 %13.1 %118.2 %65.9 %113.7 %
Economic value added (EVA)327.58218.435 717.722 504.566 214.74
Solvency
Equity ratio62.6 %64.1 %75.6 %82.0 %81.9 %
Gearing0.2 %0.1 %0.3 %9.8 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.83.24.47.58.4
Current ratio2.52.23.42.32.1
Cash and cash equivalents3 451.004 330.008 860.006 729.0010 930.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:66.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.9%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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