K/S AIRPROPERTY — Credit Rating and Financial Key Figures

CVR number: 15386878
Kompasrosevej 2, 2791 Dragør
stig@thygesennet.dk
tel: 22567211

Company information

Official name
K/S AIRPROPERTY
Established
1990
Company form
Limited partnership
Industry

About K/S AIRPROPERTY

K/S AIRPROPERTY (CVR number: 15386878) is a company from TÅRNBY. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 7.6 % compared to the previous year. The operating profit percentage was at 62.1 % (EBIT: 0.3 mDKK), while net earnings were 257.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 19.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K/S AIRPROPERTY's liquidity measured by quick ratio was 2.2 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales384.76386.45338.14394.32424.16
Gross profit349.88182.19221.69192.67363.26
EBIT335.9796.75126.321 192.67263.26
Net earnings320.6882.82109.741 174.75257.88
Shareholders equity total- 181.95-99.1310.611 185.361 443.23
Balance sheet total (assets)280.54438.00523.591 659.141 878.39
Net debt-99.73- 342.63- 483.34- 155.47- 508.74
Profitability
EBIT-%87.3 %25.0 %37.4 %302.5 %62.1 %
ROA75.4 %19.4 %23.8 %109.3 %15.4 %
ROE126.6 %23.1 %48.9 %196.5 %19.6 %
ROI2380.9 %199.4 %20.7 %
Economic value added (EVA)347.72110.90148.521 216.42211.51
Solvency
Equity ratio-39.3 %-18.5 %2.0 %74.8 %76.8 %
Gearing
Relative net indebtedness %85.9 %50.3 %8.8 %80.7 %-17.3 %
Liquidity
Quick ratio0.20.61.01.62.2
Current ratio0.20.61.01.42.2
Cash and cash equivalents99.73342.63483.34155.47508.74
Capital use efficiency
Trade debtors turnover (days)43.596.052.7
Net working capital %-85.9 %-50.3 %3.1 %47.0 %128.1 %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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