Silverfin Software ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Silverfin Software ApS
Silverfin Software ApS (CVR number: 39426803) is a company from KØBENHAVN. The company recorded a gross profit of 35.3 kDKK in 2021. The operating profit was -1.2 kDKK, while net earnings were -3.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. Silverfin Software ApS's liquidity measured by quick ratio was 4.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 1 390.70 | 1 011.18 | 1 192.15 | 35.34 |
| EBIT | 75.12 | 2.06 | 33.44 | -1.17 |
| Net earnings | 45.00 | -3.16 | 22.71 | -3.10 |
| Shareholders equity total | 95.00 | 91.84 | 114.56 | 111.46 |
| Balance sheet total (assets) | 1 789.27 | 530.88 | 179.15 | 139.71 |
| Net debt | 1 464.32 | - 239.24 | -87.40 | - 129.24 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 4.2 % | 0.2 % | 9.4 % | -0.7 % |
| ROE | 47.4 % | -3.4 % | 22.0 % | -2.7 % |
| ROI | 4.6 % | 0.2 % | 14.6 % | -0.9 % |
| Economic value added (EVA) | 57.77 | 0.94 | 40.48 | -0.38 |
| Solvency | ||||
| Equity ratio | 5.3 % | 17.3 % | 63.9 % | 79.8 % |
| Gearing | 1618.0 % | 156.0 % | 37.5 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 11.4 | 2.3 | 8.3 | 4.9 |
| Current ratio | 11.4 | 2.3 | 8.3 | 4.9 |
| Cash and cash equivalents | 72.78 | 382.51 | 130.35 | 129.24 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | B | BB | B | B |
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