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 12.7 kDKK in 2024. The operating profit was 12.7 kDKK, while net earnings were 653.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.7 %, 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. AS DEVELOPMENT ApS's liquidity measured by quick ratio was 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit182.3033.1632.1053.9012.65
EBIT152.8433.1632.1053.9012.65
Net earnings262.881 589.2658.64165.84653.68
Shareholders equity total7 904.909 437.669 496.309 662.1410 315.83
Balance sheet total (assets)10 136.1614 274.3316 214.6819 020.1521 175.49
Net debt1 419.23-2 641.461 681.623 272.904 233.70
Profitability
EBIT-%
ROA3.3 %13.7 %7.9 %1.9 %5.3 %
ROE3.4 %18.3 %0.6 %1.7 %6.5 %
ROI3.5 %17.4 %10.8 %2.5 %6.9 %
Economic value added (EVA)- 240.43- 435.37- 475.33- 586.17- 703.91
Solvency
Equity ratio78.0 %66.1 %58.6 %50.8 %48.7 %
Gearing18.0 %5.0 %31.7 %47.6 %59.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.52.92.42.01.9
Current ratio4.52.92.42.01.9
Cash and cash equivalents3 116.571 325.101 324.881 900.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:5.28%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.7%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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