SATAIR A/S — Credit Rating and Financial Key Figures

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.