NORDIC SOFTWARE GROUP ApS — Credit Rating and Financial Key Figures

CVR number: 34897026
Lyngby Hovedgade 98, 2800 Kgs. Lyngby

Credit rating

Company information

Official name
NORDIC SOFTWARE GROUP ApS
Personnel
2 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon622000

About NORDIC SOFTWARE GROUP ApS

NORDIC SOFTWARE GROUP ApS (CVR number: 34897026) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 230.3 kDKK in 2024. The operating profit was 147.4 kDKK, while net earnings were 146.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 74.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. NORDIC SOFTWARE GROUP ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit199.11109.96- 171.98235.23230.27
EBIT128.9939.81- 238.17156.54147.40
Net earnings94.0234.12- 166.26125.15146.52
Shareholders equity total131.21165.33-0.93124.23270.74
Balance sheet total (assets)1 374.142 530.551 807.211 483.102 133.38
Net debt- 793.17- 427.04- 463.80- 442.19- 536.07
Profitability
EBIT-%
ROA12.3 %2.5 %-9.6 %10.0 %10.7 %
ROE111.7 %23.0 %-16.9 %13.0 %74.2 %
ROI136.0 %27.2 %-210.4 %217.1 %84.6 %
Economic value added (EVA)100.6262.79- 174.93142.89128.05
Solvency
Equity ratio9.5 %6.5 %-0.1 %8.4 %12.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.01.11.2
Current ratio1.11.11.01.11.2
Cash and cash equivalents793.17427.04463.80442.19536.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.7%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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