SK Global Software Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SK Global Software Denmark ApS
SK Global Software Denmark ApS (CVR number: 37996246) is a company from KØBENHAVN. The company reported a net sales of 4 mDKK in 2021, demonstrating a decline of -35.6 % compared to the previous year. The operating profit percentage was at 38 % (EBIT: 1.5 mDKK), while net earnings were 1540.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.6 %, which can be considered excellent and Return on Equity (ROE) was 83.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. SK Global Software Denmark 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 133.44 | 6 275.82 | 4 040.73 | ||
Gross profit | 837.97 | 3 991.97 | 4 512.68 | 5 672.71 | 3 735.95 |
EBIT | -1 611.31 | 1 017.75 | 320.99 | 1 983.59 | 1 535.34 |
Net earnings | -1 610.31 | 942.70 | 252.96 | 1 433.67 | 1 540.51 |
Shareholders equity total | -1 560.31 | - 617.61 | - 364.65 | 1 069.02 | 2 609.53 |
Balance sheet total (assets) | 2 351.89 | 2 469.03 | 6 319.82 | 6 472.44 | 6 174.87 |
Net debt | 2 700.53 | 1 196.97 | 5 687.63 | -1 863.66 | -3 150.92 |
Profitability | |||||
EBIT-% | 5.2 % | 31.6 % | 38.0 % | ||
ROA | -41.2 % | 29.2 % | 6.7 % | 30.2 % | 32.6 % |
ROE | -68.5 % | 39.1 % | 5.8 % | 38.8 % | 83.8 % |
ROI | -45.7 % | 32.6 % | 7.3 % | 36.7 % | 40.6 % |
Economic value added (EVA) | -1 611.31 | 1 137.46 | 429.30 | 1 695.81 | 1 412.34 |
Solvency | |||||
Equity ratio | -39.9 % | -20.0 % | -5.5 % | 16.5 % | 42.3 % |
Gearing | -225.8 % | -442.8 % | -1704.5 % | 329.5 % | 112.7 % |
Relative net indebtedness % | 100.4 % | 0.3 % | -62.5 % | ||
Liquidity | |||||
Quick ratio | 0.6 | 0.8 | 0.9 | 1.2 | 1.7 |
Current ratio | 0.6 | 0.8 | 0.9 | 1.2 | 1.7 |
Cash and cash equivalents | 822.12 | 1 537.89 | 527.62 | 5 386.15 | 6 091.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 109.3 | 63.2 | 7.5 | ||
Net working capital % | -5.9 % | 17.0 % | 64.6 % | ||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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