SOFTWORLD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOFTWORLD A/S
SOFTWORLD A/S (CVR number: 32666396) is a company from KØBENHAVN. The company recorded a gross profit of 943.2 kDKK in 2024. The operating profit was -710.6 kDKK, while net earnings were -650.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.2 %, which can be considered poor and Return on Equity (ROE) was -103.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28 %, 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. SOFTWORLD A/S's liquidity measured by quick ratio was 1.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 379.61 | 4 066.80 | 2 522.20 | 1 799.62 | 943.22 |
EBIT | 169.50 | 155.45 | -30.89 | - 378.75 | - 710.56 |
Net earnings | 105.30 | 107.05 | -14.18 | - 293.73 | - 650.75 |
Shareholders equity total | 1 052.97 | 1 160.03 | 1 145.84 | 852.12 | 406.63 |
Balance sheet total (assets) | 5 041.30 | 5 275.03 | 3 558.31 | 2 658.00 | 1 502.69 |
Net debt | -1 600.96 | -1 274.28 | - 202.99 | - 341.25 | -66.26 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.2 % | 3.4 % | 1.0 % | -11.3 % | -33.2 % |
ROE | 10.5 % | 9.7 % | -1.2 % | -29.4 % | -103.4 % |
ROI | 14.7 % | 12.0 % | 3.0 % | -30.0 % | -89.2 % |
Economic value added (EVA) | 59.29 | 48.02 | - 101.40 | - 365.66 | - 643.24 |
Solvency | |||||
Equity ratio | 27.0 % | 27.0 % | 35.5 % | 36.2 % | 28.0 % |
Gearing | 0.9 % | 4.4 % | 5.8 % | 19.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 1.7 | 1.8 | 1.1 |
Current ratio | 1.2 | 1.3 | 1.4 | 1.4 | 1.0 |
Cash and cash equivalents | 1 610.29 | 1 274.28 | 253.72 | 390.62 | 144.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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