Luftfartsselskabet af 21. juli 2020 A/S — Credit Rating and Financial Key Figures

Luftfartsselskabet af 21. juli 2020 A/S (CVR number: 29424225K) is a company from TÅRNBY. The company reported a net sales of 1443.5 mDKK in 2019, demonstrating a growth of 27.7 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 38.6 mDKK), while net earnings were 30.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -44.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Luftfartsselskabet af 21. juli 2020 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.