AIRPORT DEVELOPMENT A/S

AIRPORT DEVELOPMENT A/S (CVR number: 30723635) is a company from RUDERSDAL. The company recorded a gross profit of 17.5 mDKK in 2023. The operating profit was 10.6 mDKK, while net earnings were 5451.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -62.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AIRPORT DEVELOPMENT A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.