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AIRTEAM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AIRTEAM A/S
AIRTEAM A/S (CVR number: 20953233) is a company from AARHUS. The company reported a net sales of 822.4 mDKK in 2025, demonstrating a decline of -5.1 % compared to the previous year. The operating profit percentage was at 8.6 % (EBIT: 70.5 mDKK), while net earnings were 55.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 24.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. AIRTEAM A/S's liquidity measured by quick ratio was 1.5 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 764.90 | 818.75 | 858.00 | 866.14 | 822.37 |
| Gross profit | 253.90 | 263.94 | 248.13 | 277.39 | 251.37 |
| EBIT | 88.05 | 90.05 | 81.61 | 93.80 | 70.46 |
| Net earnings | 68.55 | 70.17 | 66.11 | 76.10 | 55.14 |
| Shareholders equity total | 140.14 | 165.32 | 201.42 | 242.53 | 201.93 |
| Balance sheet total (assets) | 393.54 | 422.81 | 460.38 | 491.83 | 511.76 |
| Net debt | - 138.34 | - 110.64 | -42.25 | -20.05 | -16.56 |
| Profitability | |||||
| EBIT-% | 11.5 % | 11.0 % | 9.5 % | 10.8 % | 8.6 % |
| ROA | 22.7 % | 22.2 % | 19.3 % | 21.6 % | 14.3 % |
| ROE | 52.9 % | 45.9 % | 36.1 % | 34.3 % | 24.8 % |
| ROI | 48.4 % | 42.8 % | 35.2 % | 37.2 % | 25.3 % |
| Economic value added (EVA) | 59.78 | 60.36 | 51.99 | 60.08 | 39.77 |
| Solvency | |||||
| Equity ratio | 35.6 % | 39.1 % | 43.8 % | 49.3 % | 39.5 % |
| Gearing | 1.7 % | 2.4 % | 2.5 % | 2.2 % | 2.6 % |
| Relative net indebtedness % | 8.4 % | 10.8 % | 19.8 % | 20.9 % | 28.3 % |
| Liquidity | |||||
| Quick ratio | 1.6 | 1.8 | 1.8 | 2.1 | 1.5 |
| Current ratio | 1.6 | 1.8 | 1.8 | 2.1 | 1.5 |
| Cash and cash equivalents | 140.72 | 114.60 | 47.21 | 25.32 | 21.88 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 67.9 | 60.1 | 68.0 | 60.7 | 85.5 |
| Net working capital % | 16.0 % | 18.7 % | 20.7 % | 25.3 % | 14.3 % |
| Credit risk | |||||
| Credit rating | AA | AA | AA | AA | A |
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