BUSINESS DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 31625440
Constancevej 10, 9000 Aalborg
mp@edex.dk
tel: 21644314

Credit rating

Company information

Official name
BUSINESS DEVELOPMENT ApS
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-26.63-32.6115.087.19-18.62
EBIT-26.63-32.6115.087.19-18.62
Net earnings850.4838.711 006.345 550.0316 823.22
Shareholders equity total2 298.502 280.711 557.046 048.1722 171.39
Balance sheet total (assets)5 398.562 360.002 377.929 438.8028 975.87
Net debt323.19-1 058.93-28.73-1 951.183 227.92
Profitability
EBIT-%
ROA26.6 %2.6 %42.9 %94.0 %87.8 %
ROE44.8 %1.7 %52.4 %146.0 %119.2 %
ROI27.0 %2.7 %51.9 %131.4 %94.3 %
Economic value added (EVA)29.41170.5812.2210.5844.47
Solvency
Equity ratio42.6 %96.6 %65.5 %64.1 %76.5 %
Gearing26.6 %1.7 %2.5 %13.3 %30.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.914.41.01.61.5
Current ratio0.914.41.01.61.5
Cash and cash equivalents288.211 096.5867.892 757.683 513.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:87.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.5%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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