Active Software Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Active Software Development ApS
Active Software Development ApS (CVR number: 40490027) is a company from FREDERIKSBERG. The company recorded a gross profit of -57.8 kDKK in 2023. The operating profit was -57.8 kDKK, while net earnings were -60.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -22.1 %, which can be considered poor and Return on Equity (ROE) was -63 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Active Software Development ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -76.71 | -55.73 | -57.81 | ||
EBIT | 49.51 | 153.89 | -76.71 | -55.73 | -57.81 |
Net earnings | 34.36 | 149.56 | -60.57 | -44.07 | -60.09 |
Shareholders equity total | 74.36 | 247.39 | 186.56 | 125.40 | 65.31 |
Balance sheet total (assets) | 319.69 | 291.43 | 293.09 | 232.56 | 290.88 |
Net debt | - 217.19 | - 143.75 | 40.29 | 56.48 | 51.86 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.5 % | 50.4 % | -26.2 % | -21.2 % | -22.1 % |
ROE | 46.2 % | 93.0 % | -27.9 % | -28.3 % | -63.0 % |
ROI | 55.9 % | 91.1 % | -28.4 % | -21.3 % | -22.1 % |
Economic value added (EVA) | 35.04 | 158.24 | -62.03 | -49.65 | -61.56 |
Solvency | |||||
Equity ratio | 23.3 % | 84.9 % | 63.7 % | 53.9 % | 22.5 % |
Gearing | 0.8 % | 56.2 % | 85.5 % | 344.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 6.6 | 2.8 | 2.2 | 1.3 |
Current ratio | 1.4 | 6.6 | 2.8 | 2.2 | 1.3 |
Cash and cash equivalents | 217.19 | 145.81 | 64.52 | 50.68 | 173.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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