Network Airline Services ApS — Credit Rating and Financial Key Figures

CVR number: 37240265
Kløvermarken 120, 7190 Billund
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Credit rating

Company information

Official name
Network Airline Services ApS
Personnel
3 persons
Established
2015
Company form
Private limited company
Industry

About Network Airline Services ApS

Network Airline Services ApS (CVR number: 37240265) is a company from BILLUND. The company recorded a gross profit of 2121.9 kDKK in 2024. The operating profit was 663.1 kDKK, while net earnings were 466.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 25.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.5 %, 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. Network Airline Services ApS's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 299.692 012.282 245.611 746.942 121.89
EBIT1 983.47958.231 107.88418.31663.05
Net earnings1 587.34703.96686.92345.94466.25
Shareholders equity total4 084.434 788.405 475.311 621.262 087.51
Balance sheet total (assets)10 441.0510 060.979 084.325 522.757 597.79
Net debt- 660.13169.29-2 243.832 276.03664.56
Profitability
EBIT-%
ROA20.5 %9.3 %11.9 %6.0 %10.2 %
ROE48.2 %15.9 %13.4 %9.7 %25.1 %
ROI24.1 %10.5 %13.6 %7.1 %11.9 %
Economic value added (EVA)1 144.85277.74411.56-62.93289.89
Solvency
Equity ratio39.1 %47.6 %60.3 %29.4 %27.5 %
Gearing128.0 %88.1 %42.9 %184.3 %218.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.92.51.41.4
Current ratio1.61.92.51.41.4
Cash and cash equivalents5 889.024 049.244 591.34711.723 893.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.5%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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