DEVOMEDIC ApS — Credit Rating and Financial Key Figures

DEVOMEDIC ApS (CVR number: 33595085) is a company from KOLDING. The company recorded a gross profit of 991.4 kDKK in 2023. The operating profit was 104.2 kDKK, while net earnings were -46.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. DEVOMEDIC ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.