Sapiens Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 19989348
Lyngbyvej 2, 2100 København Ø

Credit rating

Company information

Official name
Sapiens Denmark A/S
Personnel
45 persons
Established
1997
Company form
Limited company
Industry

About Sapiens Denmark A/S

Sapiens Denmark A/S (CVR number: 19989348) is a company from KØBENHAVN. The company reported a net sales of 229.7 mDKK in 2023, demonstrating a growth of 26.4 % compared to the previous year. The operating profit percentage was at 19.7 % (EBIT: 45.3 mDKK), while net earnings were 3387 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54.7 %, 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. Sapiens Denmark A/S's liquidity measured by quick ratio was 3 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales190.34172.50200.26181.68229.66
Gross profit104.1386.90117.6384.33128.03
EBIT-17.77-9.62-12.75-14.8945.29
Net earnings-16.63-14.22-22.25-64.173.39
Shareholders equity total35.4448.8387.01- 151.22203.65
Balance sheet total (assets)119.0994.83551.25544.35468.46
Net debt541.6587.75
Profitability
EBIT-%-9.3 %-5.6 %-6.4 %-8.2 %19.7 %
ROA-11.6 %-9.0 %-3.9 %-2.0 %8.1 %
ROE-54.2 %-33.8 %-32.8 %-24.0 %1.0 %
ROI-11.6 %-9.0 %-3.9 %-2.0 %8.3 %
Economic value added (EVA)-16.96-11.40-15.20-19.2641.82
Solvency
Equity ratio100.0 %100.0 %100.0 %-25.4 %54.7 %
Gearing-384.9 %70.8 %
Relative net indebtedness %307.2 %45.5 %
Liquidity
Quick ratio2.03.0
Current ratio1.92.7
Cash and cash equivalents40.4256.37
Capital use efficiency
Trade debtors turnover (days)204.8104.3
Net working capital %44.4 %39.3 %
Credit risk
Credit ratingBBBBBBBBBBBBAAA

Variable visualization

ROA:8.10%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.7%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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