AIRMASTER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About AIRMASTER A/S
AIRMASTER A/S (CVR number: 29527393) is a company from VESTHIMMERLANDS. The company reported a net sales of 247 mDKK in 2024, demonstrating a decline of -54.8 % compared to the previous year. The operating profit percentage was at 6.6 % (EBIT: 16.2 mDKK), while net earnings were 17.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AIRMASTER A/S's liquidity measured by quick ratio was 2.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 336.85 | 546.78 | 246.98 | ||
Gross profit | 69.72 | 92.61 | 141.19 | 252.31 | 117.19 |
EBIT | 19.74 | 27.69 | 52.99 | 139.58 | 16.21 |
Net earnings | 18.57 | 30.02 | 48.65 | 113.71 | 17.73 |
Shareholders equity total | 52.33 | 66.39 | 94.90 | 143.43 | 160.94 |
Balance sheet total (assets) | 69.37 | 93.18 | 163.00 | 219.31 | 191.64 |
Net debt | -4.39 | -3.88 | 31.27 | -50.31 | -3.87 |
Profitability | |||||
EBIT-% | 15.7 % | 25.5 % | 6.6 % | ||
ROA | 35.4 % | 43.3 % | 46.8 % | 76.1 % | 11.0 % |
ROE | 38.6 % | 50.6 % | 60.3 % | 95.4 % | 11.7 % |
ROI | 45.7 % | 55.9 % | 58.6 % | 101.8 % | 13.7 % |
Economic value added (EVA) | 13.84 | 20.37 | 39.14 | 102.23 | 4.66 |
Solvency | |||||
Equity ratio | 75.8 % | 71.4 % | 58.6 % | 68.2 % | 84.6 % |
Gearing | 1.1 % | 4.3 % | 33.5 % | 0.3 % | 2.8 % |
Relative net indebtedness % | 18.2 % | 2.9 % | 4.7 % | ||
Liquidity | |||||
Quick ratio | 1.4 | 0.9 | 0.6 | 1.5 | 2.7 |
Current ratio | 3.2 | 2.5 | 1.9 | 2.3 | 5.7 |
Cash and cash equivalents | 4.99 | 6.73 | 0.53 | 50.75 | 8.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 29.0 | 12.9 | 16.4 | ||
Net working capital % | 15.8 % | 16.2 % | 37.8 % | ||
Credit risk | |||||
Credit rating | A | A | AA | A | AA |
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