Softpay ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Softpay ApS
Softpay ApS (CVR number: 41352272) is a company from KØBENHAVN. The company recorded a gross profit of 13.7 mDKK in 2023. The operating profit was -20 mDKK, while net earnings were -16.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -37.6 %, which can be considered poor and Return on Equity (ROE) was -47.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.9 %, 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. Softpay ApS's liquidity measured by quick ratio was 2.4 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 3 479.00 | 7 949.00 | 6 309.00 | 13 667.00 |
EBIT | -2 796.00 | -7 442.00 | -16 415.00 | -20 023.00 |
Net earnings | -1 904.00 | -5 480.00 | -12 954.00 | -16 100.00 |
Shareholders equity total | 10 736.00 | 10 244.00 | 34 389.00 | 33 290.00 |
Balance sheet total (assets) | 27 387.00 | 26 452.00 | 50 399.00 | 53 789.00 |
Net debt | -15 877.00 | 7 659.00 | -4 597.00 | 3 089.00 |
Profitability | ||||
EBIT-% | ||||
ROA | -10.2 % | -27.6 % | -42.7 % | -37.6 % |
ROE | -17.7 % | -52.2 % | -58.0 % | -47.6 % |
ROI | -11.7 % | -31.7 % | -46.2 % | -40.8 % |
Economic value added (EVA) | -1 665.70 | -4 408.46 | -12 872.31 | -16 218.16 |
Solvency | ||||
Equity ratio | 39.2 % | 38.7 % | 68.2 % | 61.9 % |
Gearing | 125.7 % | 39.3 % | 44.2 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 5.1 | 2.9 | 15.1 | 2.4 |
Current ratio | 5.1 | 2.9 | 15.1 | 2.4 |
Cash and cash equivalents | 15 877.00 | 5 213.00 | 18 103.00 | 11 636.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BBB |
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