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SOFTWARE IMPROVEMENT GROUP - NORDIC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOFTWARE IMPROVEMENT GROUP - NORDIC ApS
SOFTWARE IMPROVEMENT GROUP - NORDIC ApS (CVR number: 32675123) is a company from KØBENHAVN. The company reported a net sales of 1.3 mEUR in 2025, demonstrating a growth of 65.5 % compared to the previous year. The operating profit percentage was at 7.4 % (EBIT: 0.1 mEUR), while net earnings were 77 kEUR. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48 %, 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. SOFTWARE IMPROVEMENT GROUP - NORDIC ApS's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 296.26 | 1 603.05 | 1 399.15 | 783.44 | 1 296.84 |
| Gross profit | 1 308.26 | 949.54 | 809.70 | 639.79 | 864.77 |
| EBIT | 505.35 | 79.56 | - 225.25 | - 245.69 | 96.51 |
| Net earnings | 385.88 | 51.31 | - 178.84 | - 185.10 | 76.96 |
| Shareholders equity total | 1 405.58 | 1 456.89 | 778.05 | 592.95 | 669.91 |
| Balance sheet total (assets) | 1 857.34 | 2 119.25 | 1 361.09 | 874.37 | 1 395.71 |
| Net debt | -1 460.04 | - 726.44 | - 443.48 | 49.92 | 165.16 |
| Profitability | |||||
| EBIT-% | 22.0 % | 5.0 % | -16.1 % | -31.4 % | 7.4 % |
| ROA | 30.4 % | 4.2 % | -12.9 % | -21.1 % | 9.6 % |
| ROE | 31.8 % | 3.6 % | -16.0 % | -27.0 % | 12.2 % |
| ROI | 41.8 % | 4.9 % | -15.1 % | -27.4 % | 11.7 % |
| Economic value added (EVA) | 340.22 | -11.46 | - 275.49 | - 244.64 | 40.01 |
| Solvency | |||||
| Equity ratio | 75.7 % | 68.7 % | 57.2 % | 67.8 % | 48.0 % |
| Gearing | 0.2 % | 33.8 % | 33.2 % | 15.5 % | 75.9 % |
| Relative net indebtedness % | -44.0 % | -34.7 % | -8.5 % | 30.6 % | 29.5 % |
| Liquidity | |||||
| Quick ratio | 4.1 | 3.2 | 2.3 | 3.1 | 1.9 |
| Current ratio | 4.1 | 3.2 | 2.3 | 3.1 | 1.9 |
| Cash and cash equivalents | 1 462.49 | 1 218.86 | 702.17 | 41.79 | 343.37 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 35.6 | 31.0 | 48.1 | 105.9 | 19.9 |
| Net working capital % | 60.6 % | 90.0 % | 54.9 % | 74.3 % | 50.8 % |
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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