Development Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Development Holding ApS
Development Holding ApS (CVR number: 41331283) is a company from SLAGELSE. The company recorded a gross profit of -6.5 kDKK in 2024. The operating profit was -6.5 kDKK, while net earnings were 314.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Development Holding ApS's liquidity measured by quick ratio was 1.8 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.85 | -1.54 | -7.62 | -7.05 | -6.51 |
EBIT | -0.85 | -1.54 | -7.62 | -7.05 | -6.51 |
Net earnings | -0.65 | -11.85 | 484.39 | 483.11 | 314.90 |
Shareholders equity total | 39.35 | 27.50 | 511.89 | 995.00 | 1 309.89 |
Balance sheet total (assets) | 913.33 | 1 763.21 | 1 949.75 | 2 648.69 | 2 846.15 |
Net debt | 430.14 | 989.85 | 1 185.64 | 1 379.94 | 1 175.02 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | -0.1 % | 26.8 % | 21.7 % | 12.1 % |
ROE | -1.7 % | -35.5 % | 179.6 % | 64.1 % | 27.3 % |
ROI | -0.2 % | -0.2 % | 32.1 % | 23.6 % | 13.4 % |
Economic value added (EVA) | -0.85 | -25.09 | -72.88 | -94.56 | - 128.98 |
Solvency | |||||
Equity ratio | 4.3 % | 1.6 % | 26.3 % | 37.6 % | 46.0 % |
Gearing | 1101.3 % | 4718.0 % | 246.1 % | 147.8 % | 90.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.3 | 1.5 | 1.8 |
Current ratio | 1.0 | 1.0 | 1.3 | 1.5 | 1.8 |
Cash and cash equivalents | 3.19 | 307.40 | 73.97 | 90.31 | 6.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
Variable visualization
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