ON Development ApS — Credit Rating and Financial Key Figures

ON Development ApS (CVR number: 36989149) is a company from FAVRSKOV. The company recorded a gross profit of -6.9 kDKK in 2024. The operating profit was -6.9 kDKK, while net earnings were 45.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.7 %, which can be considered excellent and Return on Equity (ROE) was 35.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ON Development ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.