THIN AIR HOLDING 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  4.3% 1.1% 1.0% 1.3% 2.8%  
Credit score (0-100)  49 85 86 80 58  
Credit rating  BBB A A A BBB  
Credit limit (kDKK)  0.0 105.3 183.3 86.1 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  -7.5 -8.0 -8.8 142 55.7  
EBITDA  -7.5 -8.0 -8.8 139 25.7  
EBIT  -7.5 -8.0 -8.8 139 25.7  
Pre-tax profit (PTP)  -983.7 533.7 951.6 1,743.9 -615.3  
Net earnings  -983.7 533.7 951.6 1,731.3 -625.8  
Pre-tax profit without non-rec. items  -984 534 952 1,744 -615  

 
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  1,798 2,332 3,173 4,905 4,279  
Interest-bearing liabilities  102 110 104 87.6 264  
Balance sheet total (assets)  1,905 2,447 3,282 5,010 4,561  

Net Debt  93.4 101 95.1 -166 147  
 
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  -7.5 -8.0 -8.8 142 55.7  
Gross profit growth  1.3% -6.0% -9.9% 0.0% -60.7%  
Employees  0 0 0 0 0  
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)  1,905 2,447 3,282 5,010 4,561  
Balance sheet change%  -33.9% 28.4% 34.1% 52.6% -8.9%  
Added value  -7.5 -8.0 -8.8 139.2 25.7  
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 -5.0 -5.0 1.0 2.0  

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 (%)  100.0% 100.0% 100.0% 98.2% 46.1%  
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 %  -41.1% 24.5% 33.2% 42.1% -0.3%  
ROI %  -41.2% 24.6% 33.3% 42.2% -0.3%  
ROE %  -43.0% 25.8% 34.6% 42.9% -13.6%  

Solidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Equity ratio %  94.4% 95.3% 96.7% 97.9% 93.8%  
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, %  -1,243.0% -1,272.8% -1,086.8% -119.5% 573.7%  
Gearing %  5.7% 4.7% 3.3% 1.8% 6.2%  
Net interest  0 0 0 0 0  
Financing costs %  0.0% 0.0% 0.0% 2.0% 341.9%  

Liquidity 
2019
2019/12
2020
2020/12
2021
2021/12
2022
2022/12
2023
2023/12
Quick Ratio  0.2 0.2 0.1 2.4 0.4  
Current Ratio  0.2 0.2 0.1 2.4 0.4  
Cash and cash equivalent  8.6 8.6 8.6 254.0 116.9  

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  -92.0 -99.9 -108.7 140.3 -169.7  
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 0 0 0 0  
Employee expenses / employee  0 0 0 0 0  
EBITDA / employee  0 0 0 0 0  
EBIT / employee  0 0 0 0 0  
Net earnings / employee  0 0 0 0 0