Old Cuban Development ApS — Credit Rating and Financial Key Figures

Old Cuban Development ApS (CVR number: 38420739) is a company from SØNDERBORG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -4.5 kDKK, while net earnings were -4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -52.8 %, which can be considered poor and Return on Equity (ROE) was -84.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.7 %, 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. Old Cuban Development ApS's liquidity measured by quick ratio was 1.7 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.