NORDIC AVIATION CAPITAL A/S — Credit Rating and Financial Key Figures

CVR number: 19398994
Orla Lehmannsgade 1 A, 7100 Vejle
tel: 76511212

Company information

Official name
NORDIC AVIATION CAPITAL A/S
Personnel
4 persons
Established
1996
Company form
Limited company
Industry

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 financials

Net sales (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
2020
2021
2022
2023
2024
Volume
Net sales34 352.0019 756.0021 088.0011 677.003 340.00
Gross profit11 010.00-12 361.00-2 827.005 859.00- 382.00
EBIT-6 535.00- 104 372.0075 813.00821.00-3 877.00
Net earnings-39 879.00- 101 636.00111 217.0014 467.00- 264 557.00
Shareholders equity total388 595.00286 959.00398 176.00412 643.00148 086.00
Balance sheet total (assets)512 681.00405 393.00469 675.00467 169.00156 386.00
Net debt1 913.002 760.00
Profitability
EBIT-%-19.0 %-528.3 %359.5 %7.0 %-116.1 %
ROA-0.9 %-22.7 %17.3 %5.1 %-89.9 %
ROE200.0 %-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- 123 898.9061 393.31-19 441.01-24 560.76
Solvency
Equity ratio100.0 %100.0 %100.0 %89.4 %99.4 %
Gearing0.6 %2.4 %
Relative net indebtedness %408.4 %-7.3 %
Liquidity
Quick ratio0.2428.8
Current ratio0.2431.7
Cash and cash equivalents737.00827.00
Capital use efficiency
Trade debtors turnover (days)16.0
Net working capital %-33.0 %4616.1 %
Credit risk
Credit ratingBBBBBBBBAABB

Variable visualization

ROA:-89.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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