Udviklingsselskabet 2014 A/S — Credit Rating and Financial Key Figures

CVR number: 21860905
Gammel Gugvej 17 A, 9000 Aalborg
tel: 98115644

Company information

Official name
Udviklingsselskabet 2014 A/S
Established
1999
Company form
Limited company
Industry

About Udviklingsselskabet 2014 A/S

Udviklingsselskabet 2014 A/S (CVR number: 21860905) is a company from AALBORG. The company recorded a gross profit of 614.7 kDKK in 2022. The operating profit was 418.8 kDKK, while net earnings were 316.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 62.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -82.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Udviklingsselskabet 2014 A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit4 656.35975.97964.28862.96614.72
EBIT1 553.87178.48176.94203.80418.82
Net earnings1 673.1655.8517.41150.67316.88
Shareholders equity total-1 955.74-1 899.89-1 882.49-1 731.82-1 414.94
Balance sheet total (assets)2 921.442 053.061 144.00716.85295.63
Net debt774.82508.832 024.741 650.751 230.21
Profitability
EBIT-%
ROA21.8 %4.1 %5.1 %7.4 %20.1 %
ROE38.6 %2.2 %1.1 %16.2 %62.6 %
ROI34.8 %6.4 %7.4 %8.9 %23.2 %
Economic value added (EVA)2 183.11286.92259.32282.22446.20
Solvency
Equity ratio-40.1 %-48.1 %-62.2 %-70.7 %-82.7 %
Gearing-55.6 %-33.7 %-118.7 %-120.6 %-102.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.20.40.3
Current ratio0.30.30.20.40.3
Cash and cash equivalents311.80130.54209.13438.20215.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:20.1%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-82.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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