Develight CPH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Develight CPH ApS
Develight CPH ApS (CVR number: 38923404) is a company from KØBENHAVN. The company recorded a gross profit of -11.4 kDKK in 2023. The operating profit was -11.4 kDKK, while net earnings were -8.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -60.2 %, which can be considered poor and Return on Equity (ROE) was -84.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -22.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Develight CPH 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -44.02 | -9.99 | 2.26 | -1.38 | -11.42 |
EBIT | -44.02 | -9.99 | 2.26 | -1.38 | -11.42 |
Net earnings | -34.34 | -7.81 | 1.75 | -1.07 | -8.91 |
Shareholders equity total | 11.03 | 3.22 | 4.97 | 3.90 | -5.01 |
Balance sheet total (assets) | 24.54 | 16.73 | 18.81 | 15.70 | 17.22 |
Net debt | -13.49 | -3.40 | -6.09 | -2.47 | 9.10 |
Profitability | |||||
EBIT-% | |||||
ROA | -107.5 % | -48.4 % | 12.7 % | -8.0 % | -60.2 % |
ROE | -121.8 % | -109.6 % | 42.8 % | -24.1 % | -84.4 % |
ROI | -123.3 % | -92.3 % | 55.1 % | -31.0 % | -157.1 % |
Economic value added (EVA) | -37.00 | -8.73 | 2.10 | -1.63 | -9.11 |
Solvency | |||||
Equity ratio | 44.9 % | 19.2 % | 26.4 % | 24.8 % | -22.5 % |
Gearing | -212.2 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.6 | 3.8 | 1.4 | 1.3 | 1.5 |
Current ratio | 5.6 | 3.8 | 1.4 | 1.3 | 1.5 |
Cash and cash equivalents | 13.49 | 3.40 | 6.09 | 2.47 | 1.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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