SOFTWORK ApS — Credit Rating and Financial Key Figures

CVR number: 27514685
Højen 48, 4400 Kalundborg
tel: 77345600

Company information

Official name
SOFTWORK ApS
Personnel
4 persons
Established
2004
Company form
Private limited company
Industry

About SOFTWORK ApS

SOFTWORK ApS (CVR number: 27514685) is a company from KALUNDBORG. The company recorded a gross profit of 2532 kDKK in 2023. The operating profit was 705 kDKK, while net earnings were 695.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 28.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.1 %, 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. SOFTWORK ApS's liquidity measured by quick ratio was 4.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 635.732 430.982 498.832 749.252 531.99
EBIT557.87164.95386.76801.48705.04
Net earnings465.29200.97384.02735.76695.91
Shareholders equity total1 188.821 289.781 573.802 309.562 505.47
Balance sheet total (assets)3 537.184 005.034 116.604 552.505 023.98
Net debt- 313.57- 475.44- 173.53- 235.38- 374.66
Profitability
EBIT-%
ROA20.6 %7.3 %12.6 %21.9 %18.5 %
ROE48.7 %16.2 %26.8 %37.9 %28.9 %
ROI64.9 %20.2 %32.3 %46.9 %36.7 %
Economic value added (EVA)386.1279.07251.72564.02453.10
Solvency
Equity ratio56.5 %49.7 %57.5 %72.2 %73.1 %
Gearing2.1 %1.9 %9.5 %0.4 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.53.13.34.64.9
Current ratio1.31.41.51.81.8
Cash and cash equivalents338.62500.30323.82245.26375.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:18.5%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.1%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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