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EQ Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About EQ Development ApS
EQ Development ApS (CVR number: 42294861) is a company from KØGE. The company recorded a gross profit of -31 kDKK in 2025. The operating profit was -31 kDKK, while net earnings were -32.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -54.4 %, which can be considered poor and Return on Equity (ROE) was -192.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. EQ 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 206.24 | 220.06 | 63.48 | -9.19 | -30.97 |
| EBIT | 24.62 | 7.08 | -13.88 | -48.31 | -30.97 |
| Net earnings | 18.56 | 5.20 | -14.74 | -48.26 | -32.24 |
| Shareholders equity total | 58.56 | 63.76 | 49.01 | 0.75 | -31.49 |
| Balance sheet total (assets) | 70.89 | 74.60 | 49.01 | 49.62 | 32.77 |
| Net debt | -70.89 | -74.60 | -49.01 | -5.36 | 43.33 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 34.7 % | 9.7 % | -22.1 % | -97.9 % | -54.4 % |
| ROE | 31.7 % | 8.5 % | -26.1 % | -194.0 % | -192.4 % |
| ROI | 42.0 % | 11.6 % | -24.3 % | -102.7 % | -56.7 % |
| Economic value added (EVA) | 18.98 | 2.58 | -17.08 | -50.78 | -33.24 |
| Solvency | |||||
| Equity ratio | 82.6 % | 85.5 % | 100.0 % | 1.5 % | -49.0 % |
| Gearing | 5908.5 % | -204.1 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.7 | 6.9 | 1.0 | 0.5 | |
| Current ratio | 5.7 | 6.9 | 1.0 | 0.5 | |
| Cash and cash equivalents | 70.89 | 74.60 | 49.01 | 49.62 | 20.93 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BB | BB |
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