AIR-NORDIC ApS — Credit Rating and Financial Key Figures

AIR-NORDIC ApS (CVR number: 32321550) is a company from EGEDAL. The company recorded a gross profit of 1580.6 kDKK in 2020, demonstrating a growth of 3.4 % compared to the previous year. The operating profit was -2.8 kDKK, while net earnings were -4.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. AIR-NORDIC ApS's liquidity measured by quick ratio was 2.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.