UDVIKLINGSSELSKABET CITY DEVELOPMENT A/S

UDVIKLINGSSELSKABET CITY DEVELOPMENT A/S (CVR number: 26940532) is a company from KØBENHAVN. The company recorded a gross profit of -283.6 kDKK in 2019. The operating profit was -283.6 kDKK, while net earnings were -284.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.9 %, which can be considered poor and Return on Equity (ROE) was -187.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. UDVIKLINGSSELSKABET CITY DEVELOPMENT A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.