DANISH AEROTECH SALES A/S — Credit Rating and Financial Key Figures

CVR number: 13363528
Fabriksvej 2, 7280 Sønder Felding
aerotech@jutlandia.com
Free credit report Annual report

Credit rating

Company information

Official name
DANISH AEROTECH SALES A/S
Established
1959
Company form
Limited company
Industry

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 -7.4 kDKK in 2024. The operating profit was -130.7 kDKK, while net earnings were 356.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.9 %, 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 13.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-10.81-71.51-23.79-17.16-7.43
EBIT- 142.82- 199.16- 147.07- 140.44- 130.71
Net earnings- 130.07- 149.6630.30284.99356.52
Shareholders equity total10 341.0210 191.3610 221.6610 506.655 863.16
Balance sheet total (assets)10 385.4410 236.8110 248.6810 529.976 314.21
Net debt-19.71-20.5911.3015.11442.53
Profitability
EBIT-%
ROA-0.8 %-1.4 %0.3 %2.8 %3.4 %
ROE-1.2 %-1.5 %0.3 %2.7 %4.4 %
ROI-0.8 %-1.5 %0.3 %2.8 %3.4 %
Economic value added (EVA)- 668.99- 718.84- 659.29- 655.04- 691.82
Solvency
Equity ratio99.6 %99.6 %99.7 %99.8 %92.9 %
Gearing0.0 %0.0 %0.2 %0.2 %7.6 %
Relative net indebtedness %
Liquidity
Quick ratio218.5213.0363.3438.313.6
Current ratio218.5213.0363.3438.313.6
Cash and cash equivalents20.7522.677.832.813.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.42%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.9%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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