Credit rating
Company information
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 financialsNet sales (mUSD)
EBIT (mUSD)
Profitability
Solidity
Key figures (mUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 434.11 | 247.74 | 315.99 | 463.90 | 640.13 |
Gross profit | 83.86 | 21.38 | 52.02 | 40.28 | 84.62 |
EBIT | 55.19 | -45.73 | -2.61 | -10.48 | 54.66 |
Net earnings | 51.13 | -37.99 | -1.44 | -6.11 | 42.44 |
Shareholders equity total | 279.40 | 244.84 | 242.19 | 235.67 | 281.70 |
Balance sheet total (assets) | 334.41 | 294.51 | 296.98 | 298.41 | 371.69 |
Net debt | 11.35 | 5.43 | 8.65 | 18.94 | 22.57 |
Profitability | |||||
EBIT-% | 12.7 % | -18.5 % | -0.8 % | -2.3 % | 8.5 % |
ROA | 17.6 % | -14.4 % | -0.6 % | -2.4 % | 16.8 % |
ROE | 20.1 % | -14.5 % | -0.6 % | -2.6 % | 16.4 % |
ROI | 20.1 % | -16.4 % | -0.7 % | -2.7 % | 20.0 % |
Economic value added (EVA) | 54.49 | -35.10 | -0.22 | -4.93 | 44.50 |
Solvency | |||||
Equity ratio | 83.5 % | 83.1 % | 81.5 % | 79.0 % | 75.8 % |
Gearing | 4.3 % | 2.4 % | 3.7 % | 8.0 % | 8.0 % |
Relative net indebtedness % | 12.5 % | 19.9 % | 17.2 % | 13.5 % | 14.1 % |
Liquidity | |||||
Quick ratio | 1.6 | 0.9 | 1.5 | 1.2 | 1.2 |
Current ratio | 5.0 | 4.5 | 4.2 | 3.5 | 3.3 |
Cash and cash equivalents | 0.56 | 0.47 | 0.32 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 25.4 | 22.7 | 24.6 | 29.3 | 23.2 |
Net working capital % | 45.0 % | 64.4 % | 50.3 % | 32.8 % | 31.4 % |
Credit risk | |||||
Credit rating | AA | BBB | A | BBB | AA |
Variable visualization
Roles
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions
... and more!
No registration needed.