Danish Aerospace Company A/S

CO:DAC Denmark Aerospace & Defense
Market Cap
$7.56 Million
Dkr54.91 Million DKK
Market Cap Rank
#34936 Global
#117 in Denmark
Share Price
Dkr5.00
Change (1 day)
+0.00%
52-Week Range
Dkr5.00 - Dkr21.20
All Time High
Dkr624.00
About

Danish Aerospace Company A/S designs, develops, manufactures, and sells medical monitoring and exercise equipment. It offers agile data analyzer and monitor, a medical software that supports loading data over a network connection; portable pulmonary function systems for use in the areas of respiratory, cardiovascular, and metabolic physiology; cycle ergometer with vibration isolation and stabiliz… Read more

Danish Aerospace Company A/S (DAC) - Net Assets

Latest net assets as of June 2025: Dkr7.80 Million DKK

Based on the latest financial reports, Danish Aerospace Company A/S (DAC) has net assets worth Dkr7.80 Million DKK as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr28.16 Million) and total liabilities (Dkr20.36 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets Dkr7.80 Million
% of Total Assets 27.7%
Annual Growth Rate -2.29%
5-Year Change -60.27%
10-Year Change N/A
Growth Volatility 39.84

Danish Aerospace Company A/S - Net Assets Trend (2017–2024)

This chart illustrates how Danish Aerospace Company A/S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Danish Aerospace Company A/S (2017–2024)

The table below shows the annual net assets of Danish Aerospace Company A/S from 2017 to 2024.

Year Net Assets Change
2024-12-31 Dkr7.89 Million -34.51%
2023-12-31 Dkr12.05 Million -43.44%
2022-12-31 Dkr21.31 Million +8.01%
2021-12-31 Dkr19.73 Million -0.72%
2020-12-31 Dkr19.87 Million +3.04%
2019-12-31 Dkr19.28 Million +89.48%
2018-12-31 Dkr10.18 Million +9.60%
2017-12-31 Dkr9.28 Million --

Equity Component Analysis

This analysis shows how different components contribute to Danish Aerospace Company A/S's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 53.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Dkr3.87 Million 49.04%
Common Stock Dkr1.09 Million 13.82%
Other Comprehensive Income Dkr2.93 Million 37.14%
Total Equity Dkr7.89 Million 100.00%

Danish Aerospace Company A/S Competitors by Market Cap

The table below lists competitors of Danish Aerospace Company A/S ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Danish Aerospace Company A/S's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,051,775 to 7,892,829, a change of -4,158,946 (-34.5%).
  • Net loss of 3,877,324 reduced equity.
  • Other comprehensive income increased equity by 900,056.
  • Other factors decreased equity by 1,181,678.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Dkr-3.88 Million -49.12%
Other Comprehensive Income Dkr900.06K +11.4%
Other Changes Dkr-1.18 Million -14.97%
Total Change Dkr- -34.51%

Book Value vs Market Value Analysis

This analysis compares Danish Aerospace Company A/S's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 6.91x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 5.89x to 6.91x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 Dkr0.85 Dkr5.00 x
2018-12-31 Dkr0.93 Dkr5.00 x
2019-12-31 Dkr1.77 Dkr5.00 x
2020-12-31 Dkr1.82 Dkr5.00 x
2021-12-31 Dkr1.81 Dkr5.00 x
2022-12-31 Dkr0.90 Dkr5.00 x
2023-12-31 Dkr1.10 Dkr5.00 x
2024-12-31 Dkr0.72 Dkr5.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Danish Aerospace Company A/S utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -49.12%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -20.56%
  • • Asset Turnover: 0.71x
  • • Equity Multiplier: 3.34x
  • Recent ROE (-49.12%) is below the historical average (-1.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 9.60% 6.28% 0.93x 1.65x Dkr-37.15K
2018 9.45% 4.79% 1.12x 1.76x Dkr-55.35K
2019 5.43% 4.77% 0.83x 1.37x Dkr-880.83K
2020 1.17% 1.06% 0.70x 1.58x Dkr-1.75 Million
2021 0.89% 0.86% 0.72x 1.43x Dkr-1.80 Million
2022 -3.56% -1.47% 0.66x 3.65x Dkr-1.34 Million
2023 16.76% 6.34% 0.93x 2.84x Dkr814.56K
2024 -49.12% -20.56% 0.71x 3.34x Dkr-4.67 Million

Industry Comparison

This section compares Danish Aerospace Company A/S's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $18,217,000
  • Average return on equity (ROE) among peers: -14.68%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Danish Aerospace Company A/S (DAC) Dkr7.80 Million 9.60% 2.61x $1.57 Million
Rovsing A/S (ROV) $18.22 Million -14.68% 1.28x $3.67 Million