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Merrytime Software ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Merrytime Software ApS
Merrytime Software ApS (CVR number: 41255285) is a company from KØBENHAVN. The company recorded a gross profit of -2.5 kDKK in 2025. The operating profit was -2.5 kDKK, while net earnings were -3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -88.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Merrytime Software 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -22.92 | -28.84 | 10.21 | -17.22 | -2.49 |
| EBIT | -70.23 | -28.84 | 10.21 | -17.22 | -2.49 |
| Net earnings | -70.49 | -29.06 | 10.21 | -17.15 | -3.03 |
| Shareholders equity total | - 667.85 | - 696.91 | - 686.71 | - 703.86 | - 706.89 |
| Balance sheet total (assets) | 10.02 | 53.09 | 63.29 | 46.14 | 90.61 |
| Net debt | -8.24 | -52.19 | -58.88 | -42.99 | -81.25 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -9.8 % | -4.0 % | 1.4 % | -2.3 % | -0.3 % |
| ROE | -108.9 % | -92.1 % | 17.5 % | -31.3 % | -4.4 % |
| ROI | -10.7 % | -8.5 % | -4.6 % | -0.3 % | |
| Economic value added (EVA) | -37.96 | 4.72 | 45.23 | 17.28 | 32.88 |
| Solvency | |||||
| Equity ratio | -98.5 % | -92.9 % | -91.6 % | -93.8 % | -88.6 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | ||||
| Current ratio | 1.9 | ||||
| Cash and cash equivalents | 8.24 | 52.19 | 58.88 | 42.99 | 81.25 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | BB | B | BB |
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