Software Support ApS — Credit Rating and Financial Key Figures

CVR number: 37790672
Rungsted Plads 6, 2200 København N

Company information

Official name
Software Support ApS
Established
2016
Company form
Private limited company
Industry

About Software Support ApS

Software Support ApS (CVR number: 37790672) is a company from KØBENHAVN. The company recorded a gross profit of -9.9 kDKK in 2023. The operating profit was -9.9 kDKK, while net earnings were 20.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Software Support ApS's liquidity measured by quick ratio was 40.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.63-6.63-5.60-7.02-9.92
EBIT-16.63-16.63-5.60-7.02-9.92
Net earnings20.8314.8730.77-25.7320.44
Shareholders equity total160.59175.46206.23182.85203.29
Balance sheet total (assets)166.84188.61220.36187.86208.47
Net debt- 151.97- 185.60- 219.51- 184.55- 205.56
Profitability
EBIT-%
ROA13.7 %12.5 %19.5 %6.5 %10.3 %
ROE13.9 %8.8 %16.1 %-13.2 %10.6 %
ROI14.2 %13.2 %20.9 %-13.1 %10.6 %
Economic value added (EVA)-17.65-11.79-3.81-6.35-9.83
Solvency
Equity ratio96.3 %93.0 %93.6 %97.3 %97.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio25.114.315.637.540.3
Current ratio25.114.315.637.540.3
Cash and cash equivalents151.97185.60219.51184.55205.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCBBBB

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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