FROST Air ApS — Credit Rating and Financial Key Figures

CVR number: 44258633
Amager Strandvej 390, 2770 Kastrup

Credit rating

Company information

Official name
FROST Air ApS
Established
2023
Company form
Private limited company
Industry
  • Expand more icon51Air transport

About FROST Air ApS

FROST Air ApS (CVR number: 44258633) is a company from TÅRNBY. The company recorded a gross profit of 704.3 kDKK in 2024. The operating profit was 704.3 kDKK, while net earnings were 604.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.5 %, which can be considered excellent and Return on Equity (ROE) was 93.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.1 %, 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. FROST Air ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2024
Volume
Net sales
Gross profit704.27
EBIT704.27
Net earnings604.82
Shareholders equity total644.82
Balance sheet total (assets)1 786.38
Net debt- 117.84
Profitability
EBIT-%
ROA39.5 %
ROE93.8 %
ROI109.3 %
Economic value added (EVA)610.78
Solvency
Equity ratio36.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.5
Current ratio1.5
Cash and cash equivalents117.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:39.5%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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