Smart Software ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Smart Software ApS
Smart Software ApS (CVR number: 42570052) is a company from ODENSE. The company reported a net sales of 1.3 mDKK in 2023, demonstrating a growth of 34 % compared to the previous year. The operating profit percentage was at 24.6 % (EBIT: 0.3 mDKK), while net earnings were 252.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 46.3 %, which can be considered excellent and Return on Equity (ROE) was 76.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.5 %, 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. Smart Software ApS's liquidity measured by quick ratio was 1.7 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 982.25 | 1 315.90 |
Gross profit | 916.20 | 1 210.55 |
EBIT | 357.23 | 323.21 |
Net earnings | 278.02 | 252.30 |
Shareholders equity total | 318.02 | 345.10 |
Balance sheet total (assets) | 567.60 | 830.82 |
Net debt | - 567.60 | - 830.82 |
Profitability | ||
EBIT-% | 36.4 % | 24.6 % |
ROA | 62.9 % | 46.3 % |
ROE | 87.4 % | 76.1 % |
ROI | 112.3 % | 97.6 % |
Economic value added (EVA) | 278.64 | 264.64 |
Solvency | ||
Equity ratio | 56.0 % | 41.5 % |
Gearing | ||
Relative net indebtedness % | -32.4 % | -26.2 % |
Liquidity | ||
Quick ratio | 3.2 | 1.7 |
Current ratio | 3.2 | 1.7 |
Cash and cash equivalents | 567.60 | 830.82 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | 39.9 % | 26.2 % |
Credit risk | ||
Credit rating | BB | BB |
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