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

UTILITY DEVELOPMENT A/S (CVR number: 11988296) is a company from GENTOFTE. The company recorded a gross profit of 3923.9 kDKK in 2023. The operating profit was -1481.7 kDKK, while net earnings were 2166.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. UTILITY DEVELOPMENT A/S's liquidity measured by quick ratio was 2.3 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.