SOURZING A/S — Credit Rating and Financial Key Figures

CVR number: 33059787
Sdr. Ringvej 42, 6000 Kolding
tel: 53737700

Company information

Official name
SOURZING A/S
Personnel
7 persons
Established
2010
Company form
Limited company
Industry

About SOURZING A/S

SOURZING A/S (CVR number: 33059787) is a company from KOLDING. The company recorded a gross profit of 3144.8 kDKK in 2024. The operating profit was -390.3 kDKK, while net earnings were 115.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -11.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SOURZING A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit3 776.965 128.704 010.173 939.693 144.83
EBIT- 570.63- 790.53-1 000.24- 226.45- 390.34
Net earnings-1 872.30-2 814.86-1 108.16-2 716.93115.62
Shareholders equity total5 982.673 075.561 827.54- 725.01- 938.84
Balance sheet total (assets)12 183.6510 242.638 394.676 365.557 122.69
Net debt3 285.162 994.653 662.613 541.864 284.58
Profitability
EBIT-%
ROA-12.4 %-25.2 %-10.4 %-30.1 %7.1 %
ROE-18.9 %-62.2 %-45.2 %-66.3 %1.7 %
ROI-14.0 %-34.6 %-16.1 %-51.5 %13.7 %
Economic value added (EVA)- 655.07- 893.55- 889.20- 211.47- 199.81
Solvency
Equity ratio49.1 %30.0 %21.8 %-10.3 %-11.6 %
Gearing55.1 %97.7 %201.3 %-490.4 %-458.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.21.10.80.7
Current ratio2.01.31.20.90.9
Cash and cash equivalents9.4911.6416.1613.7922.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:7.11%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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