MS SOFTDEV ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MS SOFTDEV ApS
MS SOFTDEV ApS (CVR number: 26662729) is a company from KØBENHAVN. The company recorded a gross profit of -21.8 kDKK in 2023. The operating profit was -21.8 kDKK, while net earnings were 37.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good and Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.5 %, 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. MS SOFTDEV 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -35.33 | -49.53 | -25.69 | -13.60 | -21.76 |
| EBIT | -85.97 | -90.17 | -25.69 | -13.60 | -21.76 |
| Net earnings | - 172.58 | 62.31 | -74.74 | 41.13 | 37.93 |
| Shareholders equity total | 283.62 | 345.94 | 271.20 | 312.33 | 350.26 |
| Balance sheet total (assets) | 610.38 | 733.65 | 677.61 | 436.13 | 483.37 |
| Net debt | - 583.15 | - 712.62 | - 664.14 | - 429.60 | - 473.98 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -12.2 % | 11.5 % | -3.3 % | 10.4 % | 9.3 % |
| ROE | -46.7 % | 19.8 % | -24.2 % | 14.1 % | 11.4 % |
| ROI | -21.9 % | 24.6 % | -7.6 % | 19.9 % | 12.9 % |
| Economic value added (EVA) | -74.52 | -75.12 | -7.27 | 6.15 | -15.86 |
| Solvency | |||||
| Equity ratio | 46.5 % | 47.2 % | 40.0 % | 71.6 % | 72.5 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 1.9 | 1.7 | 3.5 | 3.6 |
| Current ratio | 1.9 | 1.9 | 1.7 | 3.5 | 3.6 |
| Cash and cash equivalents | 583.15 | 712.62 | 664.14 | 429.60 | 473.98 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | B | BB | BB |
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