DEVELCO A/S — Credit Rating and Financial Key Figures

DEVELCO A/S (CVR number: 13441243) is a company from AARHUS. The company recorded a gross profit of 19.4 mDKK in 2023. The operating profit was 1619 kDKK, while net earnings were 1266.6 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 24.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. DEVELCO 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.