DEVELOPER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 54 095.83 | 30 586.86 | 44 637.47 | -12 534.64 | 27 224.89 |
Shareholders equity total | 230 216.35 | 260 803.21 | 305 440.68 | 292 906.04 | 320 130.93 |
Balance sheet total (assets) | 237 792.48 | 279 381.98 | 331 435.59 | 314 464.57 | 341 236.41 |
Net debt | - 188 378.64 | - 211 696.51 | - 249 974.46 | - 236 392.21 | - 269 697.90 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.1 % | 14.0 % | 17.7 % | 5.7 % | 10.8 % |
ROE | 26.6 % | 12.5 % | 15.8 % | -4.2 % | 8.9 % |
ROI | 28.5 % | 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 ratio | 96.8 % | 93.4 % | 92.2 % | 93.1 % | 93.8 % |
Gearing | 0.4 % | 5.7 % | 6.9 % | 1.4 % | 0.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 27.3 | 13.0 | 11.1 | 12.4 | 13.9 |
Current ratio | 27.3 | 13.0 | 11.1 | 12.4 | 13.9 |
Cash and cash equivalents | 189 391.13 | 226 690.84 | 271 141.10 | 240 626.21 | 271 271.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
Variable visualization
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