Credit rating
Company information
About Airpay Denmark A/S
Airpay Denmark A/S (CVR number: 39623994) is a company from KØBENHAVN. The company recorded a gross profit of -124.3 kDKK in 2023. The operating profit was -124.3 kDKK, while net earnings were -128 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.4 %, which can be considered poor and Return on Equity (ROE) was -61.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, 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. Airpay Denmark A/S's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 369.20 | - 990.55 | - 423.24 | - 329.66 | - 124.30 |
EBIT | -1 369.20 | - 990.55 | - 423.24 | - 329.66 | - 124.30 |
Net earnings | -1 369.20 | -1 004.15 | - 430.95 | - 337.13 | - 128.01 |
Shareholders equity total | - 191.73 | 804.13 | 609.18 | 272.04 | 144.03 |
Balance sheet total (assets) | 2 103.35 | 869.92 | 978.19 | 710.34 | 639.69 |
Net debt | -1 052.25 | - 675.11 | - 808.34 | - 285.14 | - 202.14 |
Profitability | |||||
EBIT-% | |||||
ROA | -89.5 % | -62.6 % | -45.8 % | -39.0 % | -18.4 % |
ROE | -120.1 % | -69.1 % | -61.0 % | -76.5 % | -61.5 % |
ROI | -227.4 % | -106.6 % | -53.8 % | -46.3 % | -20.2 % |
Economic value added (EVA) | -1 350.52 | - 876.44 | - 428.38 | - 225.71 | -15.94 |
Solvency | |||||
Equity ratio | -8.4 % | 92.4 % | 62.3 % | 38.3 % | 22.5 % |
Gearing | -535.6 % | 3.3 % | 22.1 % | 150.1 % | 283.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 13.2 | 2.7 | 1.6 | 1.3 |
Current ratio | 0.9 | 13.2 | 2.7 | 1.6 | 1.3 |
Cash and cash equivalents | 2 079.04 | 701.91 | 942.95 | 693.43 | 610.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | B |
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