WORM DEVELOPMENT ApS — Credit Rating and Financial Key Figures

WORM DEVELOPMENT ApS (CVR number: 30526678) is a company from KØBENHAVN. The company recorded a gross profit of 1456.9 kDKK in 2020. The operating profit was 670.3 kDKK, while net earnings were 523.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 56.5 %, which can be considered excellent and Return on Equity (ROE) was 78.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.6 %, 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. WORM DEVELOPMENT ApS's liquidity measured by quick ratio was 2.3 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.