GLOBAL AVIATION CONTRACTORS A/S

 

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Analyst: XBRLDenmark
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Bankruptcy Risk 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Bankruptcy risk for industry  2.4% 2.4% 2.4% 2.4% 2.4%  
Bankruptcy risk  1.1% 4.0% 4.3% 5.3% 5.8%  
Credit score (0-100)  84 49 46 41 33  
Credit rating  BBB BB BB BB BB  
Credit limit (kDKK)  789.5 0.0 0.0 0.0 0.0  

How are these values calculated?
 
View the automatically generated explanation of bankruptcy risk

Income statement (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Gross profit  7,360 3,118 1,635 119 151  
EBITDA  2,646 -477 -55.6 -876 -836  
EBIT  2,646 -477 -55.6 -876 -836  
Pre-tax profit (PTP)  2,478.1 -842.1 -129.7 -956.7 -899.9  
Net earnings  1,888.8 -721.3 -114.8 -763.1 -717.5  
Pre-tax profit without non-rec. items  2,478 -842 -130 -957 -900  

 
See the entire income statement

Balance sheet (kDKK) 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Tangible assets total  0.0 0.0 0.0 0.0 0.0  
Shareholders equity total  16,505 1,784 1,669 1,906 1,188  
Interest-bearing liabilities  163 139 0.2 0.0 0.0  
Balance sheet total (assets)  17,575 2,687 1,941 1,968 1,278  

Net Debt  -13,209 -1,329 -1,034 -1,001 -392  
 
See the entire balance sheet

Volume 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12

Net sales  0 0 0 0 0  
Net sales growth  0.0% 0.0% 0.0% 0.0% 0.0%  
Gross profit  7,360 3,118 1,635 119 151  
Gross profit growth  -29.9% -57.6% -47.6% -92.8% 27.4%  
Employees  7 7 4 3 3  
Employee growth %  -22.2% 0.0% -42.9% -25.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  17,575 2,687 1,941 1,968 1,278  
Balance sheet change%  5.4% -84.7% -27.7% 1.4% -35.1%  
Added value  2,646.2 -477.2 -55.6 -876.1 -836.5  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  0 0 0 0 0  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  4.0 -1.0 -2.0 -3.0 -4.0  

Profitability 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
EBITDA %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT %  0.0% 0.0% 0.0% 0.0% 0.0%  
EBIT to gross profit (%)  36.0% -15.3% -3.4% -739.2% -553.8%  
Net Earnings %  0.0% 0.0% 0.0% 0.0% 0.0%  
Profit before depreciation and extraordinary items %  0.0% 0.0% 0.0% 0.0% 0.0%  
Pre tax profit less extraordinaries %  0.0% 0.0% 0.0% 0.0% 0.0%  
ROA %  14.7% -7.5% -5.1% -48.7% -55.4%  
ROI %  16.0% -8.1% -6.4% -53.3% -58.2%  
ROE %  12.1% -7.9% -6.7% -42.7% -46.4%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  93.9% 66.4% 86.0% 96.8% 93.0%  
Relative indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Relative net indebtedness %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net int. bear. debt to EBITDA, %  -499.1% 278.5% 1,857.5% 114.2% 46.9%  
Gearing %  1.0% 7.8% 0.0% 0.0% 0.0%  
Net interest  0 0 0 0 0  
Financing costs %  25.9% 54.5% 17.2% 2,884.2% 0.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  15.8 2.3 4.3 20.6 7.4  
Current Ratio  15.8 2.3 4.3 20.6 7.4  
Cash and cash equivalent  13,371.9 1,467.4 1,033.9 1,000.6 392.2  

Capital use efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Trade debtors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Trade creditors turnover (days)  0.0 0.0 0.0 0.0 0.0  
Current assets / Net sales %  0.0% 0.0% 0.0% 0.0% 0.0%  
Net working capital  15,428.8 1,037.2 908.8 1,222.4 575.4  
Net working capital %  0.0% 0.0% 0.0% 0.0% 0.0%  

Employee efficiency 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Net sales / employee  0 0 0 0 0  
Added value / employee  378 -68 -14 -292 -279  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  378 -68 -14 -292 -279  
EBIT / employee  378 -68 -14 -292 -279  
Net earnings / employee  270 -103 -29 -254 -239