BOEING DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BOEING DENMARK ApS
BOEING DENMARK ApS (CVR number: 36069090) is a company from ODENSE. The company reported a net sales of 4.3 mDKK in 2023, demonstrating a growth of 157.9 % compared to the previous year. The operating profit percentage was at 10.2 % (EBIT: 0.4 mDKK), while net earnings were 508.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. BOEING DENMARK ApS's liquidity measured by quick ratio was 3.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 92 223.42 | 44 950.10 | 1 180.57 | 1 650.56 | 4 256.57 |
Gross profit | 20 947.54 | 16 242.52 | 1 125.01 | 1 308.47 | 3 501.86 |
EBIT | 10 534.86 | 6 341.05 | 209.66 | 324.12 | 433.55 |
Net earnings | 7 466.94 | 4 342.00 | - 791.81 | 433.81 | 508.42 |
Shareholders equity total | 239 892.47 | 244 234.47 | 243 442.66 | 243 876.47 | 69 021.27 |
Balance sheet total (assets) | 741 016.05 | 565 923.71 | 288 852.63 | 285 843.56 | 97 773.55 |
Net debt | 458 218.59 | 266 443.18 | -46 676.55 | - 171 326.74 | -12 097.95 |
Profitability | |||||
EBIT-% | 11.4 % | 14.1 % | 17.8 % | 19.6 % | 10.2 % |
ROA | 1.3 % | 1.0 % | 0.0 % | 0.1 % | 0.4 % |
ROE | 3.2 % | 1.8 % | -0.3 % | 0.2 % | 0.3 % |
ROI | 1.3 % | 1.0 % | 0.0 % | 0.1 % | 0.4 % |
Economic value added (EVA) | 2 266.98 | -1 710.99 | -5 780.12 | -3 553.86 | 2 841.65 |
Solvency | |||||
Equity ratio | 32.4 % | 43.2 % | 84.3 % | 85.3 % | 70.6 % |
Gearing | 205.3 % | 127.7 % | 16.7 % | 17.1 % | 40.5 % |
Relative net indebtedness % | 503.3 % | 611.5 % | -3553.1 % | -10356.9 % | -266.1 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.8 | 6.4 | 6.8 | 3.4 |
Current ratio | 1.4 | 1.8 | 6.4 | 6.8 | 3.4 |
Cash and cash equivalents | 34 205.43 | 45 461.87 | 87 356.48 | 212 913.99 | 40 076.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 23.5 | 36.5 | |||
Net working capital % | 211.7 % | 546.4 % | 20620.8 % | 14775.4 % | 1621.5 % |
Credit risk | |||||
Credit rating | AA | BBB | BB | BBB | BBB |
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