Develight CPH ApS — Credit Rating and Financial Key Figures

CVR number: 38923404
Otto Busses Vej 5 A, 2450 København SV

Company information

Official name
Develight CPH ApS
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-44.02-9.992.26-1.38-11.42
EBIT-44.02-9.992.26-1.38-11.42
Net earnings-34.34-7.811.75-1.07-8.91
Shareholders equity total11.033.224.973.90-5.01
Balance sheet total (assets)24.5416.7318.8115.7017.22
Net debt-13.49-3.40-6.09-2.479.10
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)-37.00-8.732.10-1.63-9.11
Solvency
Equity ratio44.9 %19.2 %26.4 %24.8 %-22.5 %
Gearing-212.2 %
Relative net indebtedness %
Liquidity
Quick ratio5.63.81.41.31.5
Current ratio5.63.81.41.31.5
Cash and cash equivalents13.493.406.092.471.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-60.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-22.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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