APSOLUTE SOFTWARE ApS — Credit Rating and Financial Key Figures

CVR number: 25818326
Statenevej 24, 3450 Allerød
contact@apsolute.dk

Credit rating

Company information

Official name
APSOLUTE SOFTWARE ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About APSOLUTE SOFTWARE ApS

APSOLUTE SOFTWARE ApS (CVR number: 25818326) is a company from ALLERØD. The company recorded a gross profit of 1366.4 kDKK in 2024. The operating profit was 230.7 kDKK, while net earnings were 184.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. APSOLUTE SOFTWARE ApS's liquidity measured by quick ratio was 1.5 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 117.191 174.661 223.441 406.121 366.43
EBIT- 224.1433.08181.74376.56230.67
Net earnings- 177.84126.7684.99378.43184.88
Shareholders equity total483.83497.59482.58743.21806.09
Balance sheet total (assets)1 820.841 475.301 602.882 036.942 327.76
Net debt- 804.75- 486.02- 526.71- 736.08- 949.44
Profitability
EBIT-%
ROA-10.1 %11.6 %16.3 %29.5 %14.4 %
ROE-28.3 %25.8 %17.3 %61.7 %23.9 %
ROI-13.2 %15.3 %19.0 %35.6 %18.1 %
Economic value added (EVA)- 246.77-36.8977.65223.8795.43
Solvency
Equity ratio26.6 %33.7 %30.1 %36.5 %34.6 %
Gearing157.9 %154.1 %184.0 %121.5 %128.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.41.61.5
Current ratio1.31.51.41.61.5
Cash and cash equivalents1 568.501 252.911 414.651 639.381 981.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.6%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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