Network Airline Services ApS — Credit Rating and Financial Key Figures

CVR number: 37240265
Kløvermarken 120, 7190 Billund

Credit rating

Company information

Official name
Network Airline Services ApS
Personnel
2 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 1751.4 kDKK in 2023. The operating profit was 418.3 kDKK, while net earnings were 345.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.4 %, 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 471.783 299.692 012.282 245.611 751.37
EBIT1 186.431 983.47958.231 107.88418.31
Net earnings839.911 587.34703.96686.92345.95
Shareholders equity total2 497.104 084.434 788.405 475.311 621.26
Balance sheet total (assets)9 867.8410 441.0510 060.979 084.325 522.75
Net debt1 612.74- 660.13169.29-2 243.832 276.03
Profitability
EBIT-%
ROA14.7 %20.5 %9.3 %11.9 %6.0 %
ROE40.4 %48.2 %15.9 %13.4 %9.7 %
ROI24.5 %24.1 %10.5 %13.6 %7.1 %
Economic value added (EVA)882.631 618.48836.41827.02285.75
Solvency
Equity ratio25.3 %39.1 %47.6 %60.3 %29.4 %
Gearing221.0 %128.0 %88.1 %42.9 %184.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.61.92.51.4
Current ratio1.31.61.92.51.4
Cash and cash equivalents3 906.375 889.024 049.244 591.34711.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:6.00%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.