SCANDINAVIAN AVIONICS DESIGN ApS — Credit Rating and Financial Key Figures

CVR number: 35145079
Stratusvej 9, 7190 Billund

Credit rating

Company information

Official name
SCANDINAVIAN AVIONICS DESIGN ApS
Personnel
4 persons
Established
2013
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 695.461 307.00330.581 048.92703.65
EBIT3 017.89263.18- 289.63184.02- 214.12
Net earnings1 927.9646.73- 142.34143.45- 148.69
Shareholders equity total3 198.113 244.843 102.503 245.953 097.26
Balance sheet total (assets)8 359.0711 984.425 566.346 437.525 943.94
Net debt1 546.466 042.00133.33- 204.29- 277.75
Profitability
EBIT-%
ROA31.3 %2.6 %-1.5 %3.8 %-2.7 %
ROE86.3 %1.5 %-4.5 %4.5 %-4.7 %
ROI37.7 %3.2 %-1.8 %5.5 %-4.2 %
Economic value added (EVA)2 443.86220.80- 244.53127.56- 200.77
Solvency
Equity ratio38.3 %27.1 %55.7 %50.4 %52.1 %
Gearing64.6 %192.0 %17.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.61.61.7
Current ratio1.01.01.61.61.7
Cash and cash equivalents519.66189.53402.22204.29277.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.66%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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