DEVELCO PRODUCTS A/S

DEVELCO PRODUCTS A/S (CVR number: 30720377) is a company from AARHUS. The company recorded a gross profit of 26.1 mDKK in 2021. The operating profit was 2287.5 kDKK, while net earnings were 1942.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent and Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 51 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DEVELCO PRODUCTS A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.