Home Development ApS — Credit Rating and Financial Key Figures

Home Development ApS (CVR number: 38723014) is a company from AALBORG. The company recorded a gross profit of -90 kDKK in 2018. The operating profit was -90 kDKK, while net earnings were -70.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.8 %, which can be considered poor and Return on Equity (ROE) was -29.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.1 %, 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. Home Development ApS's liquidity measured by quick ratio was 2.1 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.