ADVENT SOFTWARE ApS — Credit Rating and Financial Key Figures

ADVENT SOFTWARE ApS (CVR number: 21861235) is a company from KØBENHAVN. The company recorded a gross profit of 22.9 mDKK in 2023. The operating profit was 2681.5 kDKK, while net earnings were 1892.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent and Return on Equity (ROE) was 56.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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 1.2 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.