SATAIR A/S

CVR number: 78419717
Amager Landevej 147 A, 2770 Kastrup
tel: 32513434

Credit rating

Company information

Official name
SATAIR A/S
Personnel
359 persons
Established
1985
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SATAIR A/S

SATAIR A/S (CVR number: 78419717K) is a company from TÅRNBY. The company reported a net sales of 640.1 mUSD in 2023, demonstrating a growth of 38 % compared to the previous year. The operating profit percentage was at 8.5 % (EBIT: 54.7 mUSD), while net earnings were 42.4 mUSD. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.8 %, 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. SATAIR A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mUSD)

EBIT (mUSD)

Profitability

Solidity

Key figures (mUSD)

See financials
20192020202120222023
Volume
Net sales434.11247.74315.99463.90640.13
Gross profit83.8621.3852.0240.2884.62
EBIT55.19-45.73-2.61-10.4854.66
Net earnings51.13-37.99-1.44-6.1142.44
Shareholders equity total279.40244.84242.19235.67281.70
Balance sheet total (assets)334.41294.51296.98298.41371.69
Net debt11.355.438.6518.9422.57
Profitability
EBIT-%12.7 %-18.5 %-0.8 %-2.3 %8.5 %
ROA17.6 %-14.4 %-0.6 %-2.4 %16.8 %
ROE20.1 %-14.5 %-0.6 %-2.6 %16.4 %
ROI20.1 %-16.4 %-0.7 %-2.7 %20.0 %
Economic value added (EVA)54.49-35.10-0.22-4.9344.50
Solvency
Equity ratio83.5 %83.1 %81.5 %79.0 %75.8 %
Gearing4.3 %2.4 %3.7 %8.0 %8.0 %
Relative net indebtedness %12.5 %19.9 %17.2 %13.5 %14.1 %
Liquidity
Quick ratio1.60.91.51.21.2
Current ratio5.04.54.23.53.3
Cash and cash equivalents0.560.470.32
Capital use efficiency
Trade debtors turnover (days)25.422.724.629.323.2
Net working capital %45.0 %64.4 %50.3 %32.8 %31.4 %
Credit risk
Credit ratingAABBBABBBAA

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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