Entwicklung ApS — Credit Rating and Financial Key Figures

Entwicklung ApS (CVR number: 37600989) is a company from ODENSE. The company recorded a gross profit of -9.7 kDKK in 2019. The operating profit was -9.7 kDKK, while net earnings were -13.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.5 %, 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. Entwicklung ApS's liquidity measured by quick ratio was 2.2 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.