UPTIME DEVELOPMENT A/S — Credit Rating and Financial Key Figures

CVR number: 32785514
Innovations Allé 3, 7100 Vejle
info@westsoftdevelopment.dk
tel: 70206959

Credit rating

Company information

Official name
UPTIME DEVELOPMENT A/S
Established
2010
Company form
Limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About UPTIME DEVELOPMENT A/S

UPTIME DEVELOPMENT A/S (CVR number: 32785514) is a company from VEJLE. The company recorded a gross profit of 15.4 mDKK in 2023. The operating profit was 2761.4 kDKK, while net earnings were 2163 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.1 %, which can be considered excellent and Return on Equity (ROE) was 59.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52 %, 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. UPTIME DEVELOPMENT A/S's liquidity measured by quick ratio was 2 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
20192020202120222023
Volume
Net sales
Gross profit7 611.399 549.6411 554.4614 432.7615 377.89
EBIT2 172.732 974.563 362.004 121.262 761.36
Net earnings1 687.032 309.412 605.242 532.342 163.04
Shareholders equity total2 188.062 810.473 715.713 648.053 611.09
Balance sheet total (assets)3 947.655 288.845 869.206 264.646 941.69
Net debt-2 327.28-3 149.78-2 990.81-1 748.42-2 536.45
Profitability
EBIT-%
ROA72.6 %64.5 %60.3 %57.0 %42.1 %
ROE110.4 %92.4 %79.8 %68.8 %59.6 %
ROI142.2 %119.2 %103.1 %130.4 %76.5 %
Economic value added (EVA)1 685.732 325.682 638.762 999.352 056.39
Solvency
Equity ratio55.4 %53.1 %63.3 %58.2 %52.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.22.12.42.22.0
Current ratio2.22.12.42.22.0
Cash and cash equivalents2 327.283 149.782 990.811 748.422 536.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:42.1%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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