DANISH AEROTECH SALES A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANISH AEROTECH SALES A/S
DANISH AEROTECH SALES A/S (CVR number: 13363528) is a company from HERNING. The company recorded a gross profit of -17.2 kDKK in 2023. The operating profit was -140.4 kDKK, while net earnings were 285 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DANISH AEROTECH SALES A/S's liquidity measured by quick ratio was 438.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 785.83 | -10.81 | -71.51 | -23.79 | -17.16 |
EBIT | - 920.31 | - 142.82 | - 199.16 | - 147.07 | - 140.44 |
Net earnings | - 900.19 | - 130.07 | - 149.66 | 30.30 | 284.99 |
Shareholders equity total | 10 471.09 | 10 341.02 | 10 191.36 | 10 221.66 | 10 506.65 |
Balance sheet total (assets) | 11 092.49 | 10 385.44 | 10 236.81 | 10 248.68 | 10 529.97 |
Net debt | - 535.26 | -19.71 | -20.59 | 11.30 | 15.11 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.8 % | -0.8 % | -1.4 % | 0.3 % | 2.8 % |
ROE | -8.2 % | -1.2 % | -1.5 % | 0.3 % | 2.7 % |
ROI | -8.3 % | -0.8 % | -1.5 % | 0.3 % | 2.8 % |
Economic value added (EVA) | -1 465.99 | - 642.09 | - 717.75 | - 658.04 | - 653.69 |
Solvency | |||||
Equity ratio | 94.4 % | 99.6 % | 99.6 % | 99.7 % | 99.8 % |
Gearing | 0.0 % | 0.0 % | 0.2 % | 0.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.5 | 218.5 | 213.0 | 363.3 | 438.3 |
Current ratio | 16.5 | 218.5 | 213.0 | 363.3 | 438.3 |
Cash and cash equivalents | 535.26 | 20.75 | 22.67 | 7.83 | 2.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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