SERVICENOW DENMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SERVICENOW DENMARK ApS
SERVICENOW DENMARK ApS (CVR number: 33864221) is a company from KØBENHAVN. The company reported a net sales of 124.1 mDKK in 2023, demonstrating a growth of 12.4 % compared to the previous year. The operating profit percentage was at 2.7 % (EBIT: 3.4 mDKK), while net earnings were 2136.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.6 %, 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. SERVICENOW DENMARK ApS's liquidity measured by quick ratio was 2.1 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 52.84 | 58.40 | 72.68 | 110.48 | 124.12 |
Gross profit | 44.60 | 55.50 | 69.96 | 109.72 | 113.02 |
EBIT | 2.52 | 2.78 | 3.46 | 8.73 | 3.37 |
Net earnings | 1.75 | 2.04 | 2.55 | 7.41 | 2.14 |
Shareholders equity total | 7.76 | 9.81 | 12.36 | 18.15 | 20.28 |
Balance sheet total (assets) | 16.58 | 26.19 | 57.66 | 88.17 | 37.13 |
Net debt | -12.89 | -11.84 | 30.72 | 42.59 | 1.11 |
Profitability | |||||
EBIT-% | 4.8 % | 4.8 % | 4.8 % | 7.9 % | 2.7 % |
ROA | 17.1 % | 13.0 % | 8.3 % | 14.1 % | 10.1 % |
ROE | 25.4 % | 23.3 % | 23.0 % | 48.6 % | 11.1 % |
ROI | 30.5 % | 25.0 % | 11.5 % | 18.8 % | 15.3 % |
Economic value added (EVA) | 1.97 | 2.43 | 2.85 | 8.83 | 1.50 |
Solvency | |||||
Equity ratio | 46.8 % | 37.4 % | 21.4 % | 20.6 % | 54.6 % |
Gearing | 3.7 % | 9.9 % | 292.3 % | 236.6 % | 5.5 % |
Relative net indebtedness % | -8.3 % | 6.1 % | 54.9 % | 63.1 % | 13.6 % |
Liquidity | |||||
Quick ratio | 2.2 | 1.6 | 2.0 | 2.4 | 2.1 |
Current ratio | 2.2 | 1.6 | 2.0 | 2.4 | 2.1 |
Cash and cash equivalents | 13.18 | 12.81 | 5.42 | 0.35 | 0.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 14.2 % | 15.0 % | 14.4 % | 46.6 % | 14.8 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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