October Software ApS — Credit Rating and Financial Key Figures

October Software ApS (CVR number: 38463322) is a company from GLADSAXE. The company recorded a gross profit of 450.1 kDKK in 2024. The operating profit was 71.5 kDKK, while net earnings were 17.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. October Software ApS's liquidity measured by quick ratio was 2.9 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.