Developster IVS — Credit Rating and Financial Key Figures

Developster IVS (CVR number: 37677124) is a company from ODENSE. The company reported a net sales of 0.9 mDKK in 2016. The operating profit percentage was at 9.7 % (EBIT: 0.1 mDKK), while net earnings were 87.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 61.6 %, which can be considered excellent and Return on Equity (ROE) was 100 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.5 %, 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. Developster IVS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.