IR Software ApS — Credit Rating and Financial Key Figures

IR Software ApS (CVR number: 38105914) is a company from KOLDING. The company recorded a gross profit of 624.5 kDKK in 2019. The operating profit was -264.5 kDKK, while net earnings were -291.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.5 %, which can be considered poor and Return on Equity (ROE) was -33.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -12.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. IR Software ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.