Kruse Develop ApS — Credit Rating and Financial Key Figures

Kruse Develop ApS (CVR number: 41677244) is a company from HERNING. The company recorded a gross profit of 275.4 kDKK in 2024. The operating profit was -27.7 kDKK, while net earnings were -22.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.4 %, 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. Kruse Develop ApS's liquidity measured by quick ratio was 1.7 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.