Develco Innovation ApS — Credit Rating and Financial Key Figures

CVR number: 25462068
Solhøjvej 28, Hasle 8210 Aarhus V
knc@develcoinnovation.dk
tel: 87400333
Free credit report Annual report

Company information

Official name
Develco Innovation ApS
Personnel
1 person
Established
2000
Domicile
Hasle
Company form
Private limited company
Industry

About Develco Innovation ApS

Develco Innovation ApS (CVR number: 25462068) is a company from AARHUS. The company recorded a gross profit of -33.5 kDKK in 2024. The operating profit was -165.2 kDKK, while net earnings were -352.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -23.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Develco Innovation ApS's liquidity measured by quick ratio was 112.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit513.48135.9769.17-36.25-33.48
EBIT- 126.40- 226.00- 168.80- 136.53- 165.23
Net earnings- 117.66- 826.65-67.4413.77- 352.58
Shareholders equity total2 768.551 941.901 774.461 670.431 317.86
Balance sheet total (assets)2 857.171 997.451 795.081 681.761 329.69
Net debt-2 774.56-1 983.90-1 754.51-1 661.62-1 317.95
Profitability
EBIT-%
ROA23.3 %-7.6 %-1.1 %2.0 %-4.7 %
ROE-4.2 %-35.1 %-3.6 %0.8 %-23.6 %
ROI23.9 %-7.8 %-1.1 %2.0 %-4.7 %
Economic value added (EVA)- 271.44- 365.12- 266.38- 225.94- 249.23
Solvency
Equity ratio96.9 %97.2 %98.9 %99.3 %99.1 %
Gearing0.3 %0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio32.236.0113.2148.4112.4
Current ratio32.236.0113.2148.4112.4
Cash and cash equivalents2 774.561 983.901 759.271 662.691 319.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-4.66%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.1%
Rating: 86/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

CreditReports API
  • Company information
  • Financial data
  • Credit risk data
  • All 400,000+ Danish companies

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.