EQUATION SOFTWARE ApS

CVR number: 31936373
Stagstedvej 46, Stagsted 9460 Brovst
tel: 70701840

Credit rating

Company information

Official name
EQUATION SOFTWARE ApS
Established
2009
Domicile
Stagsted
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About EQUATION SOFTWARE ApS

EQUATION SOFTWARE ApS (CVR number: 31936373) is a company from JAMMERBUGT. The company recorded a gross profit of 181.6 kDKK in 2018. The operating profit was 181.6 kDKK, while net earnings were 206.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.3 %, which can be considered excellent and Return on Equity (ROE) was 78.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. EQUATION SOFTWARE ApS's liquidity measured by quick ratio was 3.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales
Gross profit-16.42-39.62181.60
EBIT-16.42-42.32181.60
Net earnings-48.18-67.94206.24
Shareholders equity total61.22-6.72199.52
Balance sheet total (assets)169.38328.56267.35
Net debt-50.91- 231.54- 229.25
Profitability
EBIT-%
ROA-9.7 %-16.8 %60.3 %
ROE-78.7 %-34.9 %78.1 %
ROI-26.7 %-138.2 %182.0 %
Economic value added (EVA)-11.66-30.56219.01
Solvency
Equity ratio36.1 %-2.0 %74.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.61.03.9
Current ratio1.61.03.9
Cash and cash equivalents50.91231.54229.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:60.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.6%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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