SABLE AIR ApS — Credit Rating and Financial Key Figures

SABLE AIR ApS (CVR number: 30080343) is a company from KØBENHAVN. The company recorded a gross profit of -8.7 kEUR in 2023. The operating profit was -8.7 kEUR, while net earnings were 40.9 kEUR. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SABLE AIR ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.