K/S AIRPROPERTY — Credit Rating and Financial Key Figures

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

Credit rating

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 recorded a gross profit of 396.9 kDKK in 2024. The operating profit was 296.9 kDKK, while net earnings were 296.1 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 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S AIRPROPERTY's liquidity measured by quick ratio was 3.4 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
2020
2021
2022
2023
2024
Volume
Net sales386.45338.14394.32
Gross profit182.19221.69192.67363.26396.90
EBIT96.75126.321 192.67263.26296.90
Net earnings82.82109.741 174.75257.88296.06
Shareholders equity total-99.1310.611 185.361 443.231 739.29
Balance sheet total (assets)438.00523.591 659.141 878.392 136.93
Net debt- 342.63- 483.34- 155.47- 508.74- 536.93
Profitability
EBIT-%25.0 %37.4 %302.5 %
ROA19.4 %23.8 %109.3 %15.4 %15.4 %
ROE23.1 %48.9 %196.5 %19.6 %18.6 %
ROI2380.9 %199.4 %20.7 %19.5 %
Economic value added (EVA)105.89131.301 192.13203.69224.38
Solvency
Equity ratio-18.5 %2.0 %74.8 %76.8 %81.4 %
Gearing
Relative net indebtedness %50.3 %8.8 %80.7 %
Liquidity
Quick ratio0.61.01.62.23.4
Current ratio0.61.01.42.23.4
Cash and cash equivalents342.63483.34155.47508.74536.93
Capital use efficiency
Trade debtors turnover (days)43.596.0
Net working capital %-50.3 %3.1 %47.0 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.4%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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