Degnestræde Development anno 2021 ApS — Credit Rating and Financial Key Figures

Degnestræde Development anno 2021 ApS (CVR number: 42801798) is a company from MORSØ. The company recorded a gross profit of 0 kDKK in 2022. The operating profit was 0 kDKK, while net earnings were 11.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.7 %, 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. Degnestræde Development anno 2021 ApS's liquidity measured by quick ratio was 1.5 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.