DEVELOPMENT ASSOCIATES ApS — Credit Rating and Financial Key Figures

DEVELOPMENT ASSOCIATES ApS (CVR number: 33379633) is a company from KØBENHAVN. The company reported a net sales of 0.3 mDKK in 2018, demonstrating a decline of -65.2 % compared to the previous year. The operating profit percentage was poor at -1.3 % (EBIT: -0 mDKK), while net earnings were -6.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DEVELOPMENT ASSOCIATES ApS's liquidity measured by quick ratio was 4.7 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.