UTILITY DEVELOPMENT A/S — Credit Rating and Financial Key Figures

CVR number: 11988296
Strandvejen 118, 2900 Hellerup

Company information

Official name
UTILITY DEVELOPMENT A/S
Personnel
1 person
Established
1988
Company form
Limited company
Industry

About UTILITY DEVELOPMENT A/S

UTILITY DEVELOPMENT A/S (CVR number: 11988296) is a company from GENTOFTE. The company recorded a gross profit of 4347.1 kDKK in 2024. The operating profit was 2986.5 kDKK, while net earnings were 3087.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44.7 %, 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. UTILITY DEVELOPMENT A/S's liquidity measured by quick ratio was 5.6 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 profit3 268.443 186.553 764.473 923.884 347.07
EBIT27 853.85-6 059.50-1 498.23-1 481.692 986.55
Net earnings16 898.0916 672.7836 740.552 166.733 087.50
Shareholders equity total62 283.9876 956.76113 697.3175 864.0478 951.54
Balance sheet total (assets)181 642.81204 472.84246 668.56196 583.37176 609.47
Net debt55 009.4418 703.38-29 710.8313 392.4632 870.05
Profitability
EBIT-%
ROA16.3 %12.5 %26.7 %2.7 %3.4 %
ROE29.7 %23.9 %38.5 %2.3 %4.0 %
ROI17.6 %14.3 %31.3 %3.2 %3.8 %
Economic value added (EVA)14 169.58-12 813.25-9 951.19-11 617.73-6 068.81
Solvency
Equity ratio34.3 %37.6 %46.1 %38.6 %44.7 %
Gearing131.9 %106.7 %70.9 %101.3 %99.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.72.12.82.35.6
Current ratio1.72.12.82.35.6
Cash and cash equivalents27 133.6363 406.86110 310.3563 427.8146 025.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.42%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.7%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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