Borup Development ApS — Credit Rating and Financial Key Figures

Borup Development ApS (CVR number: 36699574) is a company from ALLERØD. The company recorded a gross profit of -1.3 kDKK in 2019. The operating profit was -6.3 kDKK, while net earnings were -3.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.6 %, 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. Borup Development 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.