Skifter Development ApS — Credit Rating and Financial Key Figures

Skifter Development ApS (CVR number: 38164899) is a company from RANDERS. The company recorded a gross profit of -203 kDKK in 2017. The operating profit was -315.5 kDKK, while net earnings were -250.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.5 %, which can be considered poor and Return on Equity (ROE) was -88.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Skifter Development ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.