The Byzantines are pretty good at turtling, with so many wealthy cities nearby. However, eventually you might get into it with pretty much all of your neighbors, and face attacks from all directions.
As Denmark if you get Hamburg and sign an alliance with the HRE, you could spend virtually the whole game without being attacked, and the Scandinavian cities make a ton of money. Once you're ready, you can go a-viking in ENgland, or grab Balticcities or whatever you want.
Only bad thing is that they get their best units reasonably early, so unlike Spain which gets great late game units as Flavius mentioned, it might not be as much fun turtling.
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