DEVELOPER ApS — Credit Rating and Financial Key Figures

CVR number: 19911071
Vidtskue Vej 12, 7100 Vejle
sb.developer@mail.dk
tel: 30643098

Company information

Official name
DEVELOPER ApS
Established
1996
Company form
Private limited company
Industry

About DEVELOPER ApS

DEVELOPER ApS (CVR number: 19911071) is a company from VEJLE. The company recorded a gross profit of -25 kDKK in 2023. The operating profit was -25 kDKK, while net earnings were 27.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 93.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. DEVELOPER ApS's liquidity measured by quick ratio was 13.9 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 profit- 323.53-40.63-12.50-25.00-25.00
EBIT- 323.53-40.63-12.50-25.00-25.00
Net earnings54 095.8330 586.8644 637.47-12 534.6427 224.89
Shareholders equity total230 216.35260 803.21305 440.68292 906.04320 130.93
Balance sheet total (assets)237 792.48279 381.98331 435.59314 464.57341 236.41
Net debt- 188 378.64- 211 696.51- 249 974.46- 236 392.21- 269 697.90
Profitability
EBIT-%
ROA28.1 %14.0 %17.7 %5.7 %10.8 %
ROE26.6 %12.5 %15.8 %-4.2 %8.9 %
ROI28.5 %14.2 %18.0 %5.9 %11.4 %
Economic value added (EVA)- 766.20-1 425.31- 888.50- 202.82- 644.37
Solvency
Equity ratio96.8 %93.4 %92.2 %93.1 %93.8 %
Gearing0.4 %5.7 %6.9 %1.4 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio27.313.011.112.413.9
Current ratio27.313.011.112.413.9
Cash and cash equivalents189 391.13226 690.84271 141.10240 626.21271 271.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.8%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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