APSOLUTE SOFTWARE ApS — Credit Rating and Financial Key Figures

APSOLUTE SOFTWARE ApS (CVR number: 25818326) is a company from ALLERØD. The company recorded a gross profit of 1406.1 kDKK in 2023. The operating profit was 376.6 kDKK, while net earnings were 378.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.5 %, which can be considered excellent and Return on Equity (ROE) was 61.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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 1.6 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.