DANISH AEROSPACE COMPANY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About 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 17.7 mDKK in 2024, demonstrating a decline of -40.4 % compared to the previous year. The operating profit percentage was poor at -20 % (EBIT: -3.5 mDKK), while net earnings were -3877.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.9 %, which can be considered poor and Return on Equity (ROE) was -38.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.9 %, 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 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 18 130.00 | 18 619.00 | 29 715.12 | 17 705.91 | |
Gross profit | 18 130.00 | 18 619.00 | 20 648.78 | 12 190.96 | |
EBIT | -2 404.00 | - 634.00 | 4 042.12 | -3 539.13 | |
Net earnings | -2 841.00 | -1 178.00 | 2 019.74 | -3 877.32 | |
Shareholders equity total | 11 989.00 | 10 494.00 | 12 051.77 | 7 892.83 | |
Balance sheet total (assets) | 21 385.00 | 17 058.00 | 34 242.25 | 26 384.17 | |
Net debt | 15 578.44 | 13 126.39 | |||
Profitability | |||||
EBIT-% | -13.3 % | -3.4 % | 13.6 % | -20.0 % | |
ROA | -10.1 % | -3.3 % | 10.8 % | -11.9 % | |
ROE | -18.2 % | -10.5 % | 16.8 % | -38.9 % | |
ROI | -11.0 % | -3.3 % | 12.3 % | -13.7 % | |
Economic value added (EVA) | -3 524.70 | -1 236.45 | - 527.32 | 3 194.64 | -4 277.61 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 35.2 % | 29.9 % | |
Gearing | 130.0 % | 170.1 % | |||
Relative net indebtedness % | 66.5 % | 94.6 % | |||
Liquidity | |||||
Quick ratio | 1.6 | 1.3 | |||
Current ratio | 1.6 | 1.3 | |||
Cash and cash equivalents | 83.51 | 297.38 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 80.1 | 105.8 | |||
Net working capital % | 36.1 % | 24.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | B | AA | BBB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.