FLIGHT TEST ENGINEERING ApS

 

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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  1.5% 1.5% 1.5% 1.5% 1.5%  
Bankruptcy risk  3.4% 3.9% 2.9% 4.5% 13.8%  
Credit score (0-100)  55 50 56 46 15  
Credit rating  BBB BBB BBB BBB BB  
Credit limit (kDKK)  0.0 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  560 492 617 418 1,289  
EBITDA  47.4 226 232 253 1,063  
EBIT  23.0 42.5 218 247 1,063  
Pre-tax profit (PTP)  40.4 56.0 216.3 261.2 1,097.2  
Net earnings  29.0 41.8 165.2 195.1 854.8  
Pre-tax profit without non-rec. items  40.4 56.0 216 261 1,097  

 
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  424 20.3 6.6 0.0 0.0  
Shareholders equity total  550 392 557 587 1,247  
Interest-bearing liabilities  107 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  962 546 933 1,047 1,607  

Net Debt  -340 -200 -319 -530 -767  
 
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  560 492 617 418 1,289  
Gross profit growth  -30.1% -12.2% 25.5% -32.2% 208.0%  
Employees  0 1 1 1 1  
Employee growth %  0.0% 0.0% 0.0% 0.0% 0.0%  
Employee expenses  0.0 0.0 0.0 0.0 0.0  
Balance sheet total (assets)  962 546 933 1,047 1,607  
Balance sheet change%  -10.9% -43.2% 70.8% 12.3% 53.4%  
Added value  47.4 226.4 232.1 260.5 1,063.1  
Added value %  0.0% 0.0% 0.0% 0.0% 0.0%  
Investments  400 -588 -27 -13 0  

Net sales trend  0.0 0.0 0.0 0.0 0.0  
EBIT trend  4.0 5.0 5.0 5.0 5.0  

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 (%)  4.1% 8.6% 35.4% 59.0% 82.5%  
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 %  4.0% 7.5% 29.5% 26.6% 82.7%  
ROI %  6.2% 10.6% 45.7% 46.0% 119.6%  
ROE %  5.4% 8.9% 34.8% 34.1% 93.2%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  57.2% 71.8% 59.7% 56.1% 77.6%  
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, %  -717.1% -88.3% -137.4% -209.0% -72.2%  
Gearing %  19.4% 0.0% 0.0% 0.0% 0.0%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 1.7% 0.0% 0.0% 0.0%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  1.4 3.5 2.5 2.3 4.5  
Current Ratio  1.4 3.5 2.5 2.3 4.5  
Cash and cash equivalent  446.4 199.9 318.9 529.6 767.4  

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  140.1 376.3 552.1 587.4 1,247.2  
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  0 226 232 260 1,063  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 226 232 253 1,063  
EBIT / employee  0 43 218 247 1,063  
Net earnings / employee  0 42 165 195 855