SoftOx Solutions Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SoftOx Solutions Denmark A/S
SoftOx Solutions Denmark A/S (CVR number: 39287005) is a company from FREDERIKSBERG. The company recorded a gross profit of 7155.5 kDKK in 2022. The operating profit was 14.9 kDKK, while net earnings were -22.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SoftOx Solutions Denmark A/S's liquidity measured by quick ratio was 2.4 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 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 585.00 | 2 357.00 | 2 561.00 | 3 468.00 | 7 155.49 |
| EBIT | 8.00 | -45.00 | 2.00 | 7.00 | 14.88 |
| Net earnings | 3.00 | 8.00 | -2.00 | -6.00 | -22.76 |
| Shareholders equity total | 498.00 | 506.00 | 504.00 | 498.00 | 475.15 |
| Balance sheet total (assets) | 1 941.00 | 3 307.00 | 1 474.00 | 1 398.00 | 1 226.13 |
| Net debt | 1 182.00 | 2 201.00 | 32.00 | - 153.00 | -91.97 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.4 % | 0.4 % | 0.1 % | 0.5 % | 1.2 % |
| ROE | 0.6 % | 1.6 % | -0.4 % | -1.2 % | -4.7 % |
| ROI | 0.5 % | 0.4 % | 0.1 % | 0.9 % | 2.0 % |
| Economic value added (EVA) | 4.80 | -68.42 | -15.49 | -12.04 | -2.46 |
| Solvency | |||||
| Equity ratio | 25.7 % | 15.3 % | 34.2 % | 35.6 % | 38.8 % |
| Gearing | 243.8 % | 466.2 % | 31.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.2 | 1.7 | 2.1 | 2.4 |
| Current ratio | 1.3 | 1.2 | 1.7 | 2.1 | 2.4 |
| Cash and cash equivalents | 32.00 | 158.00 | 125.00 | 153.00 | 91.97 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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