IP DEVELOPMENT A/S — Credit Rating and Financial Key Figures

IP DEVELOPMENT A/S (CVR number: 83029412) is a company from KØBENHAVN. The company recorded a gross profit of -1080.6 kDKK in 2023. The operating profit was -1080.6 kDKK, while net earnings were 18.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 52.7 %, which can be considered excellent and Return on Equity (ROE) was 55.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IP DEVELOPMENT A/S's liquidity measured by quick ratio was 7.5 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.