ALFA DEVELOPMENT A/S — Credit Rating and Financial Key Figures

ALFA DEVELOPMENT A/S (CVR number: 27528449K) is a company from GLADSAXE. The company reported a net sales of 256.9 mDKK in 2023, demonstrating a decline of -17.2 % compared to the previous year. The operating profit percentage was at 15.9 % (EBIT: 40.8 mDKK), while net earnings were 70.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 50.2 %, 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. ALFA DEVELOPMENT A/S's liquidity measured by quick ratio was 2.1 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.