P & G DEVELOPMENT ApS — Credit Rating and Financial Key Figures

P & G DEVELOPMENT ApS (CVR number: 29638160) is a company from VEJLE. The company recorded a gross profit of 97.5 kDKK in 2023. The operating profit was 23.6 kDKK, while net earnings were -24.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -17.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. P & G DEVELOPMENT ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.