AS DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 25103394
Frederiksberg Alle 60 A, 1820 Frederiksberg C

Company information

Official name
AS DEVELOPMENT ApS
Established
1999
Company form
Private limited company
Industry

About AS DEVELOPMENT ApS

AS DEVELOPMENT ApS (CVR number: 25103394) is a company from FREDERIKSBERG. The company recorded a gross profit of 53.9 kDKK in 2023. The operating profit was 53.9 kDKK, while net earnings were 165.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 50.8 %, 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. AS DEVELOPMENT ApS's liquidity measured by quick ratio was 2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-35.05182.3033.1632.1053.90
EBIT-35.05152.8433.1632.1053.90
Net earnings655.34262.881 589.2658.64165.84
Shareholders equity total7 697.317 904.909 437.669 496.309 662.14
Balance sheet total (assets)7 829.2710 136.1614 274.3316 214.6819 020.15
Net debt128.671 419.23-2 641.461 681.623 272.90
Profitability
EBIT-%
ROA40.3 %3.3 %13.7 %7.9 %1.9 %
ROE8.9 %3.4 %18.3 %0.6 %1.7 %
ROI40.3 %3.5 %17.4 %10.8 %2.5 %
Economic value added (EVA)- 286.40- 175.68- 348.80- 271.36- 349.46
Solvency
Equity ratio98.3 %78.0 %66.1 %58.6 %50.8 %
Gearing1.7 %18.0 %5.0 %31.7 %47.6 %
Relative net indebtedness %
Liquidity
Quick ratio57.84.52.92.42.0
Current ratio57.84.52.92.42.0
Cash and cash equivalents0.293 116.571 325.101 324.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:1.91%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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