HKDEVELOPMENT ApS — Credit Rating and Financial Key Figures

HKDEVELOPMENT ApS (CVR number: 32309909) is a company from SLAGELSE. The company recorded a gross profit of 5.6 kDKK in 2017. The operating profit was -31.5 kDKK, while net earnings were -18.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -29.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HKDEVELOPMENT ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.