Devote Consulting ApS — Credit Rating and Financial Key Figures

CVR number: 35233563
Langebrogade 3 F, 1411 København K
HHR@DEVOTE-CONSULTING.COM
tel: 42520090
www.devote-consulting.com

Company information

Official name
Devote Consulting ApS
Personnel
73 persons
Established
2013
Company form
Private limited company
Industry

About Devote Consulting ApS

Devote Consulting ApS (CVR number: 35233563) is a company from KØBENHAVN. The company recorded a gross profit of 62.1 mDKK in 2023. The operating profit was 8785.2 kDKK, while net earnings were 6622.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 35.8 %, which can be considered excellent and Return on Equity (ROE) was 49.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53 %, 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. Devote Consulting ApS's liquidity measured by quick ratio was 2.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit11 895.1019 671.3033 738.5045 056.8962 064.06
EBIT1 118.075 929.533 483.034 271.978 785.15
Net earnings767.934 826.222 663.933 161.936 622.41
Shareholders equity total880.895 707.116 971.0410 132.9716 755.38
Balance sheet total (assets)7 040.8613 372.4017 342.2019 059.9532 701.09
Net debt- 928.95-1 615.51-1 319.76- 233.58- 348.07
Profitability
EBIT-%
ROA17.6 %58.1 %23.2 %24.4 %35.8 %
ROE50.5 %146.5 %42.0 %37.0 %49.3 %
ROI47.0 %111.3 %39.3 %41.9 %60.4 %
Economic value added (EVA)693.135 064.332 600.893 220.395 962.16
Solvency
Equity ratio12.5 %42.8 %43.6 %60.2 %53.0 %
Gearing235.9 %34.8 %49.5 %5.0 %19.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.81.92.82.7
Current ratio1.11.71.72.12.5
Cash and cash equivalents3 006.733 601.594 767.13742.453 537.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:35.8%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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