DEVELECT ApS — Credit Rating and Financial Key Figures

DEVELECT ApS (CVR number: 36440538) is a company from GENTOFTE. The company recorded a gross profit of -0.9 kDKK in 2020. The operating profit was -0.9 kDKK, while net earnings were -1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DEVELECT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.