Credit rating
Company information
About SØTOFTEN ApS
SØTOFTEN ApS (CVR number: 34214646) is a company from ROSKILDE. The company recorded a gross profit of -500.7 kDKK in 2023. The operating profit was -1017.5 kDKK, while net earnings were -716.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.5 %, which can be considered poor and Return on Equity (ROE) was -27.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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. SØTOFTEN ApS's liquidity measured by quick ratio was 2.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 203.81 | 229.91 | 3 832.62 | -2 246.71 | - 500.70 |
EBIT | -1 284.12 | - 753.11 | 3 054.80 | -3 193.55 | -1 017.48 |
Net earnings | -1 022.53 | -1 065.19 | 2 732.26 | -2 435.94 | - 716.88 |
Shareholders equity total | 3 762.65 | 2 697.46 | 5 429.72 | 2 993.77 | 2 276.89 |
Balance sheet total (assets) | 5 303.99 | 4 361.96 | 8 369.47 | 4 688.08 | 4 055.01 |
Net debt | -1 401.31 | -1 204.42 | 41.60 | - 494.64 | 1 005.94 |
Profitability | |||||
EBIT-% | |||||
ROA | -21.5 % | -15.6 % | 48.0 % | -47.1 % | -21.5 % |
ROE | -23.9 % | -33.0 % | 67.2 % | -57.8 % | -27.2 % |
ROI | -22.4 % | -16.9 % | 57.7 % | -56.2 % | -23.3 % |
Economic value added (EVA) | - 968.80 | -1 081.05 | 2 820.63 | -2 694.86 | - 796.13 |
Solvency | |||||
Equity ratio | 70.9 % | 61.8 % | 64.9 % | 63.9 % | 56.2 % |
Gearing | 32.8 % | 45.5 % | 22.6 % | 42.8 % | 66.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 2.5 | 2.7 | 2.6 | 2.1 |
Current ratio | 3.3 | 2.5 | 2.7 | 2.6 | 2.1 |
Cash and cash equivalents | 2 633.80 | 2 432.51 | 1 186.50 | 1 775.63 | 516.30 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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