SAS CARGO GROUP A/S — Credit Rating and Financial Key Figures

SAS CARGO GROUP A/S (CVR number: 25736443K) is a company from TÅRNBY. The company reported a net sales of 1237.2 mSEK in 2023, demonstrating a decline of -25.4 % compared to the previous year. The operating profit percentage was at 13.9 % (EBIT: 171.5 mSEK), while net earnings were 150 mSEK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SAS CARGO GROUP A/S's liquidity measured by quick ratio was 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.