DANISH AIRLEASE ApS — Credit Rating and Financial Key Figures

DANISH AIRLEASE ApS (CVR number: 29010781) is a company from HORSENS. The company recorded a gross profit of 704.7 kUSD in 2017. The operating profit was 445.9 kUSD, while net earnings were 248.5 kUSD. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 19.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.7 %, 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 AIRLEASE ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.