Europe Software Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 37621382
Prøvestensbroen 3, 2300 København S
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Company information

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

About Europe Software Denmark ApS

Europe Software Denmark ApS (CVR number: 37621382) is a company from KØBENHAVN. The company recorded a gross profit of -2 kEUR in 2022. The operating profit was -2 kEUR, while net earnings were -2 kEUR. The profitability of the company measured by Return on Assets (ROA) was -17.2 %, which can be considered poor and Return on Equity (ROE) was -19.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Europe Software Denmark ApS's liquidity measured by quick ratio was 8 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 (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit-1.20-1.80-1.54-2.04-1.99
EBIT-1.20-1.80-1.54-2.04-1.99
Net earnings-1.40-1.80-1.55-2.07-2.00
Shareholders equity total16.7014.9013.3511.289.29
Balance sheet total (assets)18.0216.2314.6812.6110.61
Net debt-1.02-0.38-1.51-2.41-0.82
Profitability
EBIT-%
ROA-4.1 %-10.5 %-10.0 %-15.0 %-17.2 %
ROE-8.0 %-11.4 %-11.0 %-16.8 %-19.4 %
ROI-6.9 %-11.4 %-10.9 %-16.6 %-19.4 %
Economic value added (EVA)-2.08-2.59-2.27-2.64-2.44
Solvency
Equity ratio92.6 %91.8 %91.0 %89.5 %87.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio13.612.211.19.58.0
Current ratio13.612.211.19.58.0
Cash and cash equivalents1.020.381.512.410.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-17.2%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.5%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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