AIR CONNECTION ApS — Credit Rating and Financial Key Figures

CVR number: 27921035
Rude Havvej 17 B, 8300 Odder

Credit rating

Company information

Official name
AIR CONNECTION ApS
Personnel
15 persons
Established
2004
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About AIR CONNECTION ApS

AIR CONNECTION ApS (CVR number: 27921035) is a company from ODDER. The company recorded a gross profit of 10.2 mDKK in 2024. The operating profit was 3002.2 kDKK, while net earnings were 2301.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. AIR CONNECTION ApS's liquidity measured by quick ratio was 1.8 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
20202021202220232024
Volume
Net sales
Gross profit8 049.7712 693.4314 584.4711 188.1710 150.02
EBIT1 098.344 047.975 943.423 857.923 002.16
Net earnings808.253 114.444 642.353 037.942 301.13
Shareholders equity total10 211.2712 325.7113 968.0613 006.0112 807.14
Balance sheet total (assets)19 000.4720 814.9323 394.1718 621.5918 170.52
Net debt-2 195.38-4 051.00-5 494.90-3 368.25-2 725.31
Profitability
EBIT-%
ROA6.2 %20.4 %27.0 %18.7 %16.4 %
ROE7.5 %27.6 %35.3 %22.5 %17.8 %
ROI10.3 %34.6 %44.2 %28.6 %23.3 %
Economic value added (EVA)445.642 753.564 217.822 592.961 831.44
Solvency
Equity ratio53.7 %59.2 %59.7 %69.8 %70.5 %
Gearing0.1 %0.0 %2.0 %1.2 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.51.51.61.8
Current ratio1.92.32.33.03.1
Cash and cash equivalents2 202.094 053.295 781.243 526.902 730.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:16.4%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-12-21T09:42:48.154Z

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