NORDIC AVIATION CAPITAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NORDIC AVIATION CAPITAL A/S
NORDIC AVIATION CAPITAL A/S (CVR number: 19398994) is a company from VEJLE. The company reported a net sales of 3.3 mUSD in 2024, demonstrating a decline of -71.4 % compared to the previous year. The operating profit percentage was poor at -116.1 % (EBIT: -3.9 mUSD), while net earnings were -264.6 mUSD. The profitability of the company measured by Return on Assets (ROA) was -89.9 %, which can be considered poor and Return on Equity (ROE) was -94.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. NORDIC AVIATION CAPITAL A/S's liquidity measured by quick ratio was 428.8 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.
Financial information
See financialsNet sales (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 34 352.00 | 19 756.00 | 21 088.00 | 11 677.00 | 3 340.00 |
Gross profit | 11 010.00 | -12 361.00 | -2 827.00 | 5 859.00 | - 382.00 |
EBIT | -6 535.00 | - 104 372.00 | 75 813.00 | 821.00 | -3 877.00 |
Net earnings | -39 879.00 | - 101 636.00 | 111 217.00 | 14 467.00 | - 264 557.00 |
Shareholders equity total | 388 595.00 | 286 959.00 | 398 176.00 | 412 643.00 | 148 086.00 |
Balance sheet total (assets) | 512 681.00 | 405 393.00 | 469 675.00 | 467 169.00 | 156 386.00 |
Net debt | 1 913.00 | 2 760.00 | |||
Profitability | |||||
EBIT-% | -19.0 % | -528.3 % | 359.5 % | 7.0 % | -116.1 % |
ROA | -0.9 % | -22.7 % | 17.3 % | 5.1 % | -89.9 % |
ROE | 200.0 % | -30.1 % | 32.5 % | 3.6 % | -94.4 % |
ROI | -0.9 % | -22.7 % | 17.3 % | 5.4 % | 109.1 % |
Economic value added (EVA) | 14 995.82 | - 123 898.90 | 61 393.31 | -19 441.01 | -24 560.76 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 89.4 % | 99.4 % |
Gearing | 0.6 % | 2.4 % | |||
Relative net indebtedness % | 408.4 % | -7.3 % | |||
Liquidity | |||||
Quick ratio | 0.2 | 428.8 | |||
Current ratio | 0.2 | 431.7 | |||
Cash and cash equivalents | 737.00 | 827.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 16.0 | ||||
Net working capital % | -33.0 % | 4616.1 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BBB | AA | BB |
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