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 48 mDKK in 2024, demonstrating a growth of 21.8 % compared to the previous year. The operating profit percentage was at 4.5 % (EBIT: 2.1 mDKK), while net earnings were 2095.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.4 %, 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 1.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 32.49 | 35.84 | 39.36 | 47.95 | |
Gross profit | 22.78 | 22.22 | 28.43 | 22.86 | 25.30 |
EBIT | 1.19 | 2.95 | 3.49 | 1.30 | 2.14 |
Net earnings | 0.50 | 2.10 | 2.63 | 1.00 | 2.10 |
Shareholders equity total | 6.14 | 10.23 | 12.86 | 13.86 | 15.95 |
Balance sheet total (assets) | 34.40 | 33.72 | 26.54 | 28.47 | 32.93 |
Net debt | 12.28 | 2.79 | 4.22 | 4.86 | 9.26 |
Profitability | |||||
EBIT-% | 9.1 % | 9.7 % | 3.3 % | 4.5 % | |
ROA | 4.1 % | 8.7 % | 11.7 % | 6.0 % | 8.5 % |
ROE | 9.3 % | 25.7 % | 22.8 % | 7.5 % | 14.1 % |
ROI | 6.4 % | 15.4 % | 20.6 % | 8.6 % | 11.7 % |
Economic value added (EVA) | 0.44 | 1.37 | 1.88 | -0.15 | 0.77 |
Solvency | |||||
Equity ratio | 17.8 % | 30.3 % | 48.5 % | 48.7 % | 48.4 % |
Gearing | 204.9 % | 44.4 % | 41.3 % | 35.1 % | 58.0 % |
Relative net indebtedness % | 63.2 % | 33.1 % | 35.7 % | 35.4 % | |
Liquidity | |||||
Quick ratio | 2.2 | 2.2 | 2.0 | 2.0 | 1.9 |
Current ratio | 2.2 | 2.2 | 2.0 | 2.0 | 1.9 |
Cash and cash equivalents | 0.30 | 1.75 | 1.08 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.1 | 74.5 | 76.0 | 63.4 | |
Net working capital % | 56.7 % | 36.5 % | 34.6 % | 31.7 % | |
Credit risk | |||||
Credit rating | BBB | A | AAA | AAA | AAA |
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