Danish Software Developers ApS — Credit Rating and Financial Key Figures

CVR number: 41965339
Østervang 16, 2800 Kongens Lyngby

Company information

Official name
Danish Software Developers ApS
Established
2020
Company form
Private limited company
Industry

About Danish Software Developers ApS

Danish Software Developers ApS (CVR number: 41965339) is a company from GLADSAXE. The company recorded a gross profit of -83.3 kDKK in 2024. The operating profit was -83.3 kDKK, while net earnings were -358.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.5 %, which can be considered poor and Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Danish Software Developers ApS's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.04-37.04-11.58-83.25
EBIT-4.04-37.04-11.58-83.25
Net earnings-15.33- 193.49- 480.88- 358.91
Shareholders equity total284.6791.17- 389.71- 748.62
Balance sheet total (assets)844.671 633.761 420.291 242.28
Net debt334.20614.281 716.221 914.83
Profitability
EBIT-%
ROA-0.3 %13.6 %25.7 %-19.5 %
ROE-5.4 %-103.0 %-63.6 %-27.0 %
ROI-0.4 %-22.0 %-27.5 %-19.8 %
Economic value added (EVA)-3.83-49.533.53-32.89
Solvency
Equity ratio33.7 %5.6 %-21.5 %-37.6 %
Gearing131.1 %1095.0 %-464.4 %-257.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.72.2
Current ratio0.20.72.2
Cash and cash equivalents39.14384.0593.7812.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-19.5%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-37.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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