Danish Development APS — Credit Rating and Financial Key Figures

Danish Development APS (CVR number: 39037319) is a company from HORSENS. The company recorded a gross profit of -38 kDKK in 2024. The operating profit was -46.2 kDKK, while net earnings were 2096.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.2 %, which can be considered excellent and Return on Equity (ROE) was 41.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Danish Development APS's liquidity measured by quick ratio was 3 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.