F Develop ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About F Develop ApS
F Develop ApS (CVR number: 39794861) is a company from KØBENHAVN. The company reported a net sales of 0.6 mDKK in 2022, demonstrating a decline of -3.9 % compared to the previous year. The operating profit percentage was at 11.8 % (EBIT: 0.1 mDKK), while net earnings were 49.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38.1 %, which can be considered excellent and Return on Equity (ROE) was 54 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.9 %, 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. F Develop ApS's liquidity measured by quick ratio was 2.5 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.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Volume | ||||
Net sales | 805.72 | 337.95 | 577.34 | 554.74 |
Gross profit | 496.34 | 154.72 | 435.13 | 438.52 |
EBIT | 66.39 | 58.06 | 146.69 | 65.51 |
Net earnings | 51.10 | 35.33 | 112.75 | 49.40 |
Shareholders equity total | 51.10 | -46.03 | 66.71 | 116.11 |
Balance sheet total (assets) | 131.73 | 116.38 | 150.39 | 193.74 |
Net debt | 49.68 | 11.66 | -52.40 | -98.24 |
Profitability | ||||
EBIT-% | 8.2 % | 17.2 % | 25.4 % | 11.8 % |
ROA | 50.4 % | 39.5 % | 93.8 % | 38.1 % |
ROE | 100.0 % | 42.2 % | 123.2 % | 54.0 % |
ROI | 57.8 % | 78.8 % | 288.4 % | 70.7 % |
Economic value added (EVA) | 51.12 | 33.69 | 117.55 | 50.15 |
Solvency | ||||
Equity ratio | 38.8 % | -28.3 % | 44.4 % | 59.9 % |
Gearing | 124.7 % | -70.7 % | 3.7 % | |
Relative net indebtedness % | 8.3 % | 41.9 % | 5.0 % | -3.7 % |
Liquidity | ||||
Quick ratio | 1.6 | 0.7 | 1.8 | 2.5 |
Current ratio | 1.6 | 0.7 | 1.8 | 2.5 |
Cash and cash equivalents | 14.03 | 20.88 | 54.89 | 98.24 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 53.3 | |||
Net working capital % | 6.3 % | -13.6 % | 11.6 % | 20.9 % |
Credit risk | ||||
Credit rating | B | BB | B | BB |
Variable visualization
Companies in the same industry
Create your own estimates for any company
Valuation analysis
See instructions

... and more!
No registration needed.