Pelican Denmark Development ApS — Credit Rating and Financial Key Figures

Pelican Denmark Development ApS (CVR number: 42731765) is a company from RUDERSDAL. The company recorded a gross profit of -6475.4 kDKK in 2023. The operating profit was -6475.4 kDKK, while net earnings were -17.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -43.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.7 %, 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. Pelican Denmark Development ApS's liquidity measured by quick ratio was 160.8 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.