THE MANDARIN DEVELOPMENT COMPANY ApS — Credit Rating and Financial Key Figures

THE MANDARIN DEVELOPMENT COMPANY ApS (CVR number: 13352542) is a company from GENTOFTE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -0.8 % compared to the previous year. The operating profit percentage was at 40.9 % (EBIT: 0.3 mDKK), while net earnings were 229.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 83.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THE MANDARIN DEVELOPMENT COMPANY ApS's liquidity measured by quick ratio was 10.9 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.