SK Global Software Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 37996246
Hammerensgade 6, 1267 København K

Credit rating

Company information

Official name
SK Global Software Denmark ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales6 133.446 275.824 040.73
Gross profit837.973 991.974 512.685 672.713 735.95
EBIT-1 611.311 017.75320.991 983.591 535.34
Net earnings-1 610.31942.70252.961 433.671 540.51
Shareholders equity total-1 560.31- 617.61- 364.651 069.022 609.53
Balance sheet total (assets)2 351.892 469.036 319.826 472.446 174.87
Net debt2 700.531 196.975 687.63-1 863.66-3 150.92
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)-1 611.311 137.46429.301 695.811 412.34
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 ratio0.60.80.91.21.7
Current ratio0.60.80.91.21.7
Cash and cash equivalents822.121 537.89527.625 386.156 091.68
Capital use efficiency
Trade debtors turnover (days)109.363.27.5
Net working capital %-5.9 %17.0 %64.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:32.6%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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