ARDEN SOFTWARE A/S — Credit Rating and Financial Key Figures

CVR number: 33248466
Gothersgade 48, 7000 Fredericia
admin.as@ardensoftware.com
tel: 76201880
www.ardensoftware.com

Company information

Official name
ARDEN SOFTWARE A/S
Personnel
3 persons
Established
2010
Company form
Limited company
Industry

About ARDEN SOFTWARE A/S

ARDEN SOFTWARE A/S (CVR number: 33248466) is a company from FREDERICIA. The company recorded a gross profit of 1566.4 kDKK in 2023. The operating profit was 387.7 kDKK, while net earnings were 310.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.3 %, 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. ARDEN SOFTWARE A/S's liquidity measured by quick ratio was 2 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 profit1 925.551 719.211 520.172 066.871 566.39
EBIT257.54282.56620.171 156.78387.71
Net earnings195.30205.83468.41893.25310.44
Shareholders equity total996.071 011.901 280.311 723.561 144.00
Balance sheet total (assets)2 739.192 618.412 856.223 278.222 418.81
Net debt-1 340.80-1 514.90-1 874.79-1 807.25-1 111.01
Profitability
EBIT-%
ROA9.4 %10.5 %22.7 %38.0 %14.4 %
ROE18.2 %20.5 %40.9 %59.5 %21.7 %
ROI18.8 %20.6 %42.7 %67.7 %24.3 %
Economic value added (EVA)216.86243.00520.88938.00310.26
Solvency
Equity ratio36.4 %38.6 %44.8 %52.6 %47.3 %
Gearing12.8 %23.6 %11.6 %6.4 %19.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.81.92.22.0
Current ratio1.71.81.92.22.0
Cash and cash equivalents1 468.061 754.012 023.281 917.811 337.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.3%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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