RADARSOFTHOUSE DANMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RADARSOFTHOUSE DANMARK ApS
RADARSOFTHOUSE DANMARK ApS (CVR number: 36022957) is a company from KØBENHAVN. The company recorded a gross profit of 721.9 kDKK in 2023. The operating profit was -43.6 kDKK, while net earnings were -43.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -9.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.1 %, 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. RADARSOFTHOUSE DANMARK ApS's liquidity measured by quick ratio was 1.9 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 508.33 | 1 163.99 | 1 108.14 | 759.74 | 721.91 | 
| EBIT | 50.09 | 24.00 | 333.04 | 10.51 | -43.58 | 
| Net earnings | 32.49 | 11.28 | 248.73 | -4.45 | -43.75 | 
| Shareholders equity total | 440.38 | 451.66 | 700.39 | 495.95 | 452.19 | 
| Balance sheet total (assets) | 1 033.75 | 1 356.91 | 1 225.17 | 1 112.74 | 960.93 | 
| Net debt | - 409.36 | -1 055.30 | - 887.99 | - 648.43 | - 465.67 | 
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.8 % | 2.0 % | 25.8 % | 0.9 % | -3.9 % | 
| ROE | 6.9 % | 2.5 % | 43.2 % | -0.7 % | -9.2 % | 
| ROI | 10.2 % | 5.0 % | 54.9 % | 1.5 % | -6.5 % | 
| Economic value added (EVA) | 48.17 | 18.54 | 291.48 | 19.92 | -19.30 | 
| Solvency | |||||
| Equity ratio | 42.6 % | 33.3 % | 57.2 % | 44.6 % | 47.1 % | 
| Gearing | 7.3 % | 7.7 % | 3.9 % | 32.1 % | 30.8 % | 
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.7 | 1.5 | 2.3 | 1.8 | 1.9 | 
| Current ratio | 1.7 | 1.5 | 2.3 | 1.8 | 1.9 | 
| Cash and cash equivalents | 441.67 | 1 090.06 | 915.13 | 807.73 | 604.91 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB | 
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