SOFTBASE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOFTBASE A/S
SOFTBASE A/S (CVR number: 19392139) is a company from GLADSAXE. The company recorded a gross profit of 198.7 kDKK in 2023. The operating profit was -159.5 kDKK, while net earnings were -116 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.9 %, which can be considered poor and Return on Equity (ROE) was -58.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.2 %, 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. SOFTBASE A/S's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 471.14 | 1 640.79 | 609.51 | 450.69 | 198.69 |
EBIT | - 200.21 | 204.82 | - 339.48 | - 437.47 | - 159.49 |
Net earnings | - 150.40 | 200.14 | - 277.53 | - 322.32 | - 116.02 |
Shareholders equity total | 655.65 | 855.79 | 578.26 | 255.94 | 139.92 |
Balance sheet total (assets) | 993.89 | 1 182.43 | 741.23 | 439.74 | 421.69 |
Net debt | - 781.29 | -1 031.21 | - 541.98 | - 139.17 | -26.90 |
Profitability | |||||
EBIT-% | |||||
ROA | -17.9 % | 21.5 % | -33.9 % | -69.3 % | -34.9 % |
ROE | -20.6 % | 26.5 % | -38.7 % | -77.3 % | -58.6 % |
ROI | -25.4 % | 30.5 % | -44.2 % | -93.6 % | -69.0 % |
Economic value added (EVA) | - 163.29 | 184.92 | - 271.82 | - 339.96 | - 127.46 |
Solvency | |||||
Equity ratio | 66.0 % | 72.4 % | 78.0 % | 58.2 % | 33.2 % |
Gearing | 2.3 % | 3.4 % | 7.7 % | 14.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 3.6 | 4.5 | 2.4 | 1.5 |
Current ratio | 2.9 | 3.6 | 4.5 | 2.4 | 1.5 |
Cash and cash equivalents | 781.29 | 1 051.03 | 561.79 | 158.99 | 46.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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