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

ALFA DEVELOPMENT A/S (CVR number: 27528449) is a company from GLADSAXE. The company reported a net sales of 19.2 mDKK in 2023, demonstrating a decline of -20.9 % compared to the previous year. The operating profit percentage was poor at -171 % (EBIT: -32.8 mDKK), while net earnings were 81.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ALFA DEVELOPMENT A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.