BASWARE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About BASWARE A/S
BASWARE A/S (CVR number: 26404703) is a company from FREDERIKSBERG. The company reported a net sales of 39.4 mDKK in 2023, demonstrating a growth of 9.8 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 1.3 mDKK), while net earnings were 997.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 48.7 %, 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. BASWARE A/S's liquidity measured by quick ratio was 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 32.49 | 35.84 | 39.36 | ||
Gross profit | 24.90 | 22.78 | 22.22 | 28.43 | 22.86 |
EBIT | 1.66 | 1.19 | 2.95 | 3.49 | 1.30 |
Net earnings | 0.62 | 0.50 | 2.10 | 2.63 | 1.00 |
Shareholders equity total | 4.66 | 6.14 | 10.23 | 12.86 | 13.86 |
Balance sheet total (assets) | 25.83 | 34.40 | 33.72 | 26.54 | 28.47 |
Net debt | 5.51 | 12.28 | 10.01 | 4.22 | 4.86 |
Profitability | |||||
EBIT-% | 9.1 % | 9.7 % | 3.3 % | ||
ROA | 7.1 % | 4.1 % | 8.7 % | 11.7 % | 6.0 % |
ROE | 16.8 % | 9.3 % | 25.7 % | 22.8 % | 7.5 % |
ROI | 10.6 % | 6.0 % | 12.9 % | 17.0 % | 8.6 % |
Economic value added (EVA) | 1.27 | 1.10 | 2.10 | 2.34 | 0.33 |
Solvency | |||||
Equity ratio | 18.1 % | 17.8 % | 30.3 % | 48.5 % | 48.7 % |
Gearing | 124.3 % | 204.9 % | 115.0 % | 41.3 % | 35.1 % |
Relative net indebtedness % | 63.2 % | 33.1 % | 35.7 % | ||
Liquidity | |||||
Quick ratio | 2.2 | 2.2 | 2.2 | 2.0 | 2.0 |
Current ratio | 2.2 | 2.2 | 2.2 | 2.0 | 2.0 |
Cash and cash equivalents | 0.29 | 0.30 | 1.75 | 1.08 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.1 | 74.5 | 76.0 | ||
Net working capital % | 56.7 % | 36.5 % | 34.6 % | ||
Credit risk | |||||
Credit rating | A | A | A | AAA | AA |
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