FLIGHTLOGGER ApS — Credit Rating and Financial Key Figures

CVR number: 35469222
Grønnegade 2, 8000 Aarhus C
info@flightlogger.net
tel: 21209388
www.flightlogger.net

Credit rating

Company information

Official name
FLIGHTLOGGER ApS
Personnel
19 persons
Established
2013
Company form
Private limited company
Industry

About FLIGHTLOGGER ApS

FLIGHTLOGGER ApS (CVR number: 35469222) is a company from AARHUS. The company recorded a gross profit of 13.1 mDKK in 2024. The operating profit was 3291.3 kDKK, while net earnings were 2515 kDKK. The profitability of the company measured by Return on Assets (ROA) was 69.9 %, which can be considered excellent and Return on Equity (ROE) was 90.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.5 %, 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. FLIGHTLOGGER ApS's liquidity measured by quick ratio was 2.6 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 580.887 704.339 108.6611 574.0313 143.36
EBIT1 171.272 452.232 203.452 656.893 291.35
Net earnings873.821 818.941 639.422 070.802 514.96
Shareholders equity total2 792.342 611.281 892.862 363.663 178.62
Balance sheet total (assets)4 370.213 593.512 877.824 466.405 083.08
Net debt-3 244.73-2 005.47-1 634.73-1 993.95-2 384.11
Profitability
EBIT-%
ROA30.5 %62.0 %68.6 %73.4 %69.9 %
ROE33.5 %67.3 %72.8 %97.3 %90.8 %
ROI40.9 %85.3 %98.6 %114.6 %104.3 %
Economic value added (EVA)787.751 733.351 568.921 974.352 420.19
Solvency
Equity ratio63.9 %74.0 %65.8 %52.9 %62.5 %
Gearing19.0 %13.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.63.82.82.12.6
Current ratio3.63.62.82.12.6
Cash and cash equivalents3 244.732 005.471 634.732 442.832 799.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:69.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.5%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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