LOGIWARE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About LOGIWARE ApS
LOGIWARE ApS (CVR number: 26351553) is a company from HØRSHOLM. The company recorded a gross profit of 3460.9 kDKK in 2022. The operating profit was -28.8 kDKK, while net earnings were 1.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor but Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. LOGIWARE ApS's liquidity measured by quick ratio was 2.3 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 192.83 | 3 708.99 | 3 502.82 | 3 595.41 | 3 460.93 |
EBIT | - 506.63 | 497.20 | 234.96 | 74.96 | -28.84 |
Net earnings | - 437.88 | 284.03 | 130.53 | 22.89 | 1.37 |
Shareholders equity total | 683.83 | 751.87 | 882.40 | 905.29 | 906.66 |
Balance sheet total (assets) | 1 730.53 | 1 655.70 | 2 083.01 | 1 685.54 | 1 778.46 |
Net debt | - 657.27 | - 455.84 | - 486.35 | - 306.40 | 262.74 |
Profitability | |||||
EBIT-% | |||||
ROA | -25.4 % | 29.4 % | 12.5 % | 4.0 % | -1.7 % |
ROE | -43.4 % | 39.6 % | 16.0 % | 2.6 % | 0.2 % |
ROI | -46.0 % | 52.9 % | 20.1 % | 6.0 % | -2.3 % |
Economic value added (EVA) | - 384.47 | 386.83 | 139.82 | 51.25 | -33.68 |
Solvency | |||||
Equity ratio | 39.5 % | 45.4 % | 42.4 % | 53.7 % | 51.0 % |
Gearing | 17.6 % | 43.2 % | 40.4 % | 37.1 % | 35.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.8 | 1.7 | 2.5 | 2.3 |
Current ratio | 1.6 | 1.8 | 1.7 | 2.5 | 2.3 |
Cash and cash equivalents | 777.84 | 780.75 | 843.14 | 642.64 | 59.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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