AND DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AND DEVELOPMENT ApS
AND DEVELOPMENT ApS (CVR number: 34456631) is a company from KØBENHAVN. The company recorded a gross profit of -10.3 kDKK in 2023. The operating profit was -10.3 kDKK, while net earnings were -413.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -27.8 %, which can be considered poor and Return on Equity (ROE) was -41.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -33 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AND DEVELOPMENT ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.20 | -5.30 | -7.05 | -11.60 | -10.35 |
EBIT | -3.20 | -5.30 | -7.05 | -11.60 | -10.35 |
Net earnings | -82.93 | 205.70 | - 512.49 | 4.94 | - 413.55 |
Shareholders equity total | 283.52 | 489.23 | -23.26 | -18.33 | - 431.88 |
Balance sheet total (assets) | 775.38 | 995.79 | 499.04 | 1 125.27 | 878.14 |
Net debt | 419.40 | 429.88 | 517.30 | 1 136.09 | 1 286.91 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.9 % | 24.2 % | -52.9 % | 3.5 % | -27.8 % |
ROE | -25.5 % | 53.2 % | -103.7 % | 0.6 % | -41.3 % |
ROI | -9.1 % | 24.4 % | -53.4 % | 3.5 % | -28.2 % |
Economic value added (EVA) | 5.54 | -3.20 | 6.88 | -10.08 | -7.92 |
Solvency | |||||
Equity ratio | 36.6 % | 49.1 % | -4.5 % | -1.6 % | -33.0 % |
Gearing | 171.7 % | 101.5 % | -2223.9 % | -6199.3 % | -298.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.0 | 3.3 | 1.3 |
Current ratio | 1.2 | 1.2 | 1.0 | 3.3 | 1.3 |
Cash and cash equivalents | 67.45 | 66.68 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | B |
Variable visualization
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