Able Software ApS — Credit Rating and Financial Key Figures

CVR number: 41209488
Robert Jacobsens Vej 76, 2300 København S
Jens@Ablesoftware.dk
tel: 99552561
www.AbleSoftware.dk

Company information

Official name
Able Software ApS
Established
2020
Company form
Private limited company
Industry

About Able Software ApS

Able Software ApS (CVR number: 41209488) is a company from KØBENHAVN. The company recorded a gross profit of 132.5 kDKK in 2023. The operating profit was 132.5 kDKK, while net earnings were 103.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 74.2 %, which can be considered excellent and Return on Equity (ROE) was 58.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Able Software ApS's liquidity measured by quick ratio was 165.1 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
2020
2021
2022
2023
Volume
Net sales101.7531.50
Gross profit100.1121.36132.51
EBIT96.3621.36-4.21132.51
Net earnings96.3616.66-4.21103.43
Shareholders equity total114.24130.91123.91230.79
Balance sheet total (assets)114.24130.91125.34232.19
Net debt- 114.24- 130.91- 115.34- 231.44
Profitability
EBIT-%94.7 %67.8 %
ROA84.3 %17.4 %-3.3 %74.2 %
ROE84.3 %13.6 %-3.3 %58.3 %
ROI84.3 %17.4 %-3.3 %74.8 %
Economic value added (EVA)96.3610.92-10.7897.13
Solvency
Equity ratio100.0 %100.0 %98.9 %99.4 %
Gearing
Relative net indebtedness %-112.3 %-415.6 %
Liquidity
Quick ratio87.8165.1
Current ratio87.8165.1
Cash and cash equivalents114.24130.91115.34231.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %112.3 %415.6 %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:74.2%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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