Airstal Danmark ApS — Credit Rating and Financial Key Figures

CVR number: 40221697
Bavnehøjvej 19, 8600 Silkeborg

Credit rating

Company information

Official name
Airstal Danmark ApS
Established
2019
Company form
Private limited company
Industry

About Airstal Danmark ApS

Airstal Danmark ApS (CVR number: 40221697) is a company from SILKEBORG. The company recorded a gross profit of -98.8 kDKK in 2023. The operating profit was -98.8 kDKK, while net earnings were 100.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Airstal Danmark ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-60.75-57.85- 123.22-53.10-98.81
EBIT-60.75-57.85- 123.22-53.10-98.81
Net earnings-61.20-2 474.41-1 381.39-3 791.77100.05
Shareholders equity total20 934.8017 183.6213 421.349 303.8710 649.44
Balance sheet total (assets)20 974.8017 280.6221 736.9633 224.6239 160.96
Net debt-26.8019.834 035.8219 608.2428 325.28
Profitability
EBIT-%
ROA-0.3 %-12.9 %-6.9 %-9.8 %4.3 %
ROE-0.3 %-13.0 %-9.0 %-33.4 %1.0 %
ROI-0.3 %-13.0 %-7.7 %-11.6 %4.6 %
Economic value added (EVA)-60.75-1 109.82- 988.99- 931.57-1 551.65
Solvency
Equity ratio99.8 %99.4 %61.7 %28.0 %27.2 %
Gearing0.3 %30.3 %210.8 %266.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.30.00.60.9
Current ratio0.70.30.00.60.9
Cash and cash equivalents26.8025.7724.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.34%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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