Airshoppen Travel Retail A/S — Credit Rating and Financial Key Figures

CVR number: 41391421
Handlingsvej Øst 7, 2791 Dragør

Credit rating

Company information

Official name
Airshoppen Travel Retail A/S
Personnel
29 persons
Established
2020
Company form
Limited company
Industry

About Airshoppen Travel Retail A/S

Airshoppen Travel Retail A/S (CVR number: 41391421) is a company from TÅRNBY. The company recorded a gross profit of 56.8 mDKK in 2024. The operating profit was 6491.1 kDKK, while net earnings were 1010.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.3 %, which can be considered decent but Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 6.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Airshoppen Travel Retail A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-14 050.0014 272.0049 585.3056 814.26
EBIT-28 889.00-18 420.0011 878.786 491.13
Net earnings-29 325.00-16 608.004 932.781 010.43
Shareholders equity total19 075.004 222.006 359.537 981.08
Balance sheet total (assets)82 541.00117 776.00130 202.88129 271.18
Net debt48 390.9783 629.2369 310.46
Profitability
EBIT-%
ROA-35.0 %-18.4 %10.3 %6.3 %
ROE-153.7 %-142.6 %93.2 %14.1 %
ROI-42.7 %-19.9 %12.3 %9.8 %
Economic value added (EVA)-28 888.96-18 971.566 673.345 500.50
Solvency
Equity ratio23.1 %100.0 %4.9 %6.2 %
Gearing254.5 %1318.6 %870.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.3
Current ratio0.90.70.8
Cash and cash equivalents155.34230.14150.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:6.32%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.17%
Rating: 7/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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