Devnar ApS — Credit Rating and Financial Key Figures

Devnar ApS (CVR number: 31172829) is a company from VEJLE. The company recorded a gross profit of -43.5 kDKK in 2024. The operating profit was -500.8 kDKK, while net earnings were 1507.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.4 %, which can be considered excellent but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Devnar ApS's liquidity measured by quick ratio was 60.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.