Global Reach Aviation A/S — Credit Rating and Financial Key Figures

CVR number: 36719761
Stratusvej 20, 7190 Billund
info@gra.flights
tel: 53734902

Credit rating

Company information

Official name
Global Reach Aviation A/S
Personnel
32 persons
Established
2015
Company form
Limited company
Industry
  • Expand more icon51Air transport

About Global Reach Aviation A/S

Global Reach Aviation A/S (CVR number: 36719761) is a company from BILLUND. The company recorded a gross profit of 27.3 mDKK in 2024. The operating profit was 8696.2 kDKK, while net earnings were 6897.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 61.2 %, which can be considered excellent and Return on Equity (ROE) was 82 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Global Reach Aviation 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 550.476 182.4819 230.6816 716.8827 313.99
EBIT- 493.90784.968 393.421 590.848 696.17
Net earnings- 603.72238.396 120.331 004.046 897.06
Shareholders equity total-2 100.60-1 862.214 258.125 262.1611 559.22
Balance sheet total (assets)6 189.916 381.3614 825.4511 399.0917 796.30
Net debt-2 815.33-2 639.17-11 740.10-5 367.47-11 997.64
Profitability
EBIT-%
ROA-6.5 %9.5 %72.8 %12.2 %61.2 %
ROE-13.8 %3.8 %115.0 %21.1 %82.0 %
ROI-12.8 %17.6 %181.8 %30.9 %105.9 %
Economic value added (EVA)- 289.85900.016 817.051 661.086 782.66
Solvency
Equity ratio-25.3 %-22.6 %28.7 %46.2 %65.0 %
Gearing-43.7 %-55.5 %18.2 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.11.91.82.7
Current ratio1.31.11.91.82.7
Cash and cash equivalents3 732.613 672.9312 514.085 372.9511 997.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:61.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.0%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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