Development Holding ApS — Credit Rating and Financial Key Figures

Development Holding ApS (CVR number: 41331283) is a company from SLAGELSE. The company recorded a gross profit of -7.1 kDKK in 2023. The operating profit was -7.1 kDKK, while net earnings were 483.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent and Return on Equity (ROE) was 64.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.6 %, 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. Development Holding ApS's liquidity measured by quick ratio was 1.5 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.