ST DEVELOPMENT ApS — Credit Rating and Financial Key Figures

ST DEVELOPMENT ApS (CVR number: 29806764) is a company from AARHUS. The company recorded a gross profit of 2652.2 kDKK in 2020. The operating profit was 762.1 kDKK, while net earnings were 592.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 127.8 %, which can be considered excellent and Return on Equity (ROE) was 149.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.2 %, 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. ST DEVELOPMENT ApS's liquidity measured by quick ratio was 2.7 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.