SCANDINAVIAN AVIONICS DESIGN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SCANDINAVIAN AVIONICS DESIGN ApS
SCANDINAVIAN AVIONICS DESIGN ApS (CVR number: 35145079) is a company from BILLUND. The company recorded a gross profit of 703.6 kDKK in 2024. The operating profit was -214.1 kDKK, while net earnings were -148.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. SCANDINAVIAN AVIONICS DESIGN ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 695.46 | 1 307.00 | 330.58 | 1 048.92 | 703.65 |
EBIT | 3 017.89 | 263.18 | - 289.63 | 184.02 | - 214.12 |
Net earnings | 1 927.96 | 46.73 | - 142.34 | 143.45 | - 148.69 |
Shareholders equity total | 3 198.11 | 3 244.84 | 3 102.50 | 3 245.95 | 3 097.26 |
Balance sheet total (assets) | 8 359.07 | 11 984.42 | 5 566.34 | 6 437.52 | 5 943.94 |
Net debt | 1 546.46 | 6 042.00 | 133.33 | - 204.29 | - 277.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.3 % | 2.6 % | -1.5 % | 3.8 % | -2.7 % |
ROE | 86.3 % | 1.5 % | -4.5 % | 4.5 % | -4.7 % |
ROI | 37.7 % | 3.2 % | -1.8 % | 5.5 % | -4.2 % |
Economic value added (EVA) | 2 443.86 | 220.80 | - 244.53 | 127.56 | - 200.77 |
Solvency | |||||
Equity ratio | 38.3 % | 27.1 % | 55.7 % | 50.4 % | 52.1 % |
Gearing | 64.6 % | 192.0 % | 17.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.6 | 1.6 | 1.7 |
Current ratio | 1.0 | 1.0 | 1.6 | 1.6 | 1.7 |
Cash and cash equivalents | 519.66 | 189.53 | 402.22 | 204.29 | 277.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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