DANISH AEROSPACE COMPANY A/S

DANISH AEROSPACE COMPANY A/S (CVR number: 12424248) is a company from ODENSE. The company reported a net sales of 29.7 mDKK in 2023, demonstrating a growth of 21.4 % compared to the previous year. The operating profit percentage was at 13.6 % (EBIT: 4 mDKK), while net earnings were 2019.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DANISH AEROSPACE COMPANY A/S's liquidity measured by quick ratio was 1.6 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.