ASA Software ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ASA Software ApS
ASA Software ApS (CVR number: 26660327) is a company from SØNDERBORG. The company recorded a gross profit of 5560.9 kDKK in 2024. The operating profit was -39.6 kDKK, while net earnings were 59 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 72.4 %, 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. ASA Software ApS's liquidity measured by quick ratio was 3.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 500.93 | 3 112.01 | 4 274.52 | 4 860.87 | 5 560.94 |
EBIT | 86.81 | 127.59 | 361.55 | 55.70 | -39.64 |
Net earnings | 46.91 | 91.00 | 450.40 | 77.51 | 58.96 |
Shareholders equity total | 959.81 | 718.81 | 1 169.21 | 1 246.72 | 1 305.68 |
Balance sheet total (assets) | 2 160.08 | 1 607.70 | 2 130.52 | 1 910.36 | 1 804.38 |
Net debt | -1 057.90 | -1 109.01 | -1 321.73 | - 976.22 | - 876.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.5 % | 6.8 % | 19.6 % | 3.0 % | 1.9 % |
ROE | 5.0 % | 10.8 % | 47.7 % | 6.4 % | 4.6 % |
ROI | 8.2 % | 11.9 % | 34.1 % | 4.9 % | 2.7 % |
Economic value added (EVA) | 91.91 | 106.57 | 489.53 | 80.42 | -39.43 |
Solvency | |||||
Equity ratio | 44.4 % | 44.7 % | 54.9 % | 65.3 % | 72.4 % |
Gearing | 5.3 % | 3.6 % | 3.2 % | 3.7 % | 2.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.3 | 2.2 | 2.9 | 3.6 |
Current ratio | 2.1 | 2.3 | 2.2 | 2.9 | 3.6 |
Cash and cash equivalents | 1 108.88 | 1 134.61 | 1 358.88 | 1 022.03 | 907.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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