BUSINESS DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BUSINESS DEVELOPMENT ApS
BUSINESS DEVELOPMENT ApS (CVR number: 31625440) is a company from AALBORG. The company recorded a gross profit of -18.6 kDKK in 2024. The operating profit was -18.6 kDKK, while net earnings were 16.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 87.8 %, which can be considered excellent and Return on Equity (ROE) was 119.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.5 %, 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. BUSINESS DEVELOPMENT 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -26.63 | -32.61 | 15.08 | 7.19 | -18.62 |
EBIT | -26.63 | -32.61 | 15.08 | 7.19 | -18.62 |
Net earnings | 850.48 | 38.71 | 1 006.34 | 5 550.03 | 16 823.22 |
Shareholders equity total | 2 298.50 | 2 280.71 | 1 557.04 | 6 048.17 | 22 171.39 |
Balance sheet total (assets) | 5 398.56 | 2 360.00 | 2 377.92 | 9 438.80 | 28 975.87 |
Net debt | 323.19 | -1 058.93 | -28.73 | -1 951.18 | 3 227.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 26.6 % | 2.6 % | 42.9 % | 94.0 % | 87.8 % |
ROE | 44.8 % | 1.7 % | 52.4 % | 146.0 % | 119.2 % |
ROI | 27.0 % | 2.7 % | 51.9 % | 131.4 % | 94.3 % |
Economic value added (EVA) | 29.41 | 170.58 | 12.22 | 10.58 | 44.47 |
Solvency | |||||
Equity ratio | 42.6 % | 96.6 % | 65.5 % | 64.1 % | 76.5 % |
Gearing | 26.6 % | 1.7 % | 2.5 % | 13.3 % | 30.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 14.4 | 1.0 | 1.6 | 1.5 |
Current ratio | 0.9 | 14.4 | 1.0 | 1.6 | 1.5 |
Cash and cash equivalents | 288.21 | 1 096.58 | 67.89 | 2 757.68 | 3 513.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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