SOCO INVENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOCO INVENT A/S
SOCO INVENT A/S (CVR number: 24208249K) is a company from Høje-Taastrup. The company reported a net sales of 195.6 mDKK in 2024, demonstrating a growth of 3.1 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 1.6 mDKK), while net earnings were 701.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. SOCO INVENT A/S's liquidity measured by quick ratio was 3.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 0.25 | 177.53 | 188.04 | 189.78 | 195.59 |
Gross profit | 0.25 | 55.23 | 52.16 | 49.62 | 57.05 |
EBIT | 0.03 | 11.31 | 4.86 | -2.92 | 1.57 |
Net earnings | 1.13 | 8.33 | 3.82 | -2.30 | 0.70 |
Shareholders equity total | 17.02 | 45.95 | 53.65 | 51.15 | 51.65 |
Balance sheet total (assets) | 34.18 | 96.86 | 110.22 | 111.38 | 112.63 |
Net debt | -0.13 | -13.08 | -8.39 | -4.95 | -0.06 |
Profitability | |||||
EBIT-% | 10.4 % | 6.4 % | 2.6 % | -1.5 % | 0.8 % |
ROA | 9.5 % | 17.4 % | 6.0 % | -2.5 % | 1.6 % |
ROE | 13.2 % | 26.5 % | 7.7 % | -4.4 % | 1.4 % |
ROI | 9.8 % | 23.7 % | 9.0 % | -3.9 % | 2.4 % |
Economic value added (EVA) | 0.03 | 10.48 | 2.33 | -3.88 | 0.09 |
Solvency | |||||
Equity ratio | 94.2 % | 54.0 % | 57.3 % | 52.8 % | 57.6 % |
Gearing | 15.8 % | 20.1 % | 18.3 % | 24.9 % | |
Relative net indebtedness % | 371.1 % | 14.6 % | 17.6 % | 21.1 % | 21.0 % |
Liquidity | |||||
Quick ratio | 0.8 | 3.5 | 3.0 | 2.3 | 3.2 |
Current ratio | 0.8 | 2.5 | 2.1 | 1.9 | 1.9 |
Cash and cash equivalents | 0.13 | 20.32 | 19.17 | 14.30 | 12.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -92.0 % | 26.9 % | 23.8 % | 21.0 % | 20.4 % |
Credit risk | |||||
Credit rating | A | AA | AA | BBB | AA |
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