ADVENT SOFTWARE ApS — Credit Rating and Financial Key Figures

CVR number: 21861235
Bredgade 23 B, 1260 København K
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Company information

Official name
ADVENT SOFTWARE ApS
Personnel
9 persons
Established
1999
Company form
Private limited company
Industry

About ADVENT SOFTWARE ApS

ADVENT SOFTWARE ApS (CVR number: 21861235) is a company from KØBENHAVN. The company recorded a gross profit of 23.4 mDKK in 2024. The operating profit was 3046.5 kDKK, while net earnings were 2494.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 45.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ADVENT SOFTWARE ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit21 214.5120 897.5221 063.5722 868.6323 404.24
EBIT2 640.361 675.733 031.242 656.183 046.52
Net earnings3 358.903 000.492 657.041 892.912 494.88
Shareholders equity total3 735.086 735.582 392.614 285.526 780.40
Balance sheet total (assets)35 779.0723 751.7611 224.3215 245.7021 472.27
Net debt13 009.497 979.02- 979.83734.072 535.01
Profitability
EBIT-%
ROA11.7 %9.3 %17.7 %20.7 %16.6 %
ROE78.0 %57.3 %58.2 %56.7 %45.1 %
ROI23.9 %16.5 %29.3 %49.6 %30.8 %
Economic value added (EVA)1 629.631 062.701 887.541 594.512 679.68
Solvency
Equity ratio10.4 %28.4 %21.3 %28.1 %31.6 %
Gearing361.9 %143.0 %101.7 %45.2 %100.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.21.01.21.3
Current ratio1.01.21.01.21.3
Cash and cash equivalents508.481 653.663 414.281 201.594 250.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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