FLIGHTLOGGER ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
FLIGHTLOGGER ApS
Personnel
17 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 11.6 mDKK in 2023. The operating profit was 2656.9 kDKK, while net earnings were 2070.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 73.4 %, which can be considered excellent and Return on Equity (ROE) was 97.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. FLIGHTLOGGER ApS's liquidity measured by quick ratio was 2.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 041.596 580.887 704.339 108.6611 574.03
EBIT1 145.971 171.272 452.232 203.452 656.89
Net earnings872.46873.821 818.941 639.422 070.80
Shareholders equity total2 418.522 792.342 611.281 892.862 363.66
Balance sheet total (assets)3 318.764 370.213 593.512 877.824 469.20
Net debt-2 485.45-3 244.73-2 005.47-1 634.73-1 993.95
Profitability
EBIT-%
ROA36.2 %30.5 %62.0 %68.6 %73.4 %
ROE37.0 %33.5 %67.3 %72.8 %97.3 %
ROI47.3 %40.9 %85.3 %98.6 %114.6 %
Economic value added (EVA)900.37912.641 896.401 669.692 038.51
Solvency
Equity ratio72.9 %63.9 %74.0 %65.8 %52.9 %
Gearing19.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.13.63.82.82.1
Current ratio4.13.63.62.82.1
Cash and cash equivalents2 485.453 244.732 005.471 634.732 442.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:73.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.9%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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