SOURCE TECHNOLOGY ApS

CVR number: 29845336
Korsvej 11, 6000 Kolding
info@sourcetechnology.dk
tel: 75559095

Credit rating

Company information

Official name
SOURCE TECHNOLOGY ApS
Personnel
21 persons
Established
2006
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About the company

SOURCE TECHNOLOGY ApS (CVR number: 29845336) is a company from KOLDING. The company recorded a gross profit of 21.9 mDKK in 2023. The operating profit was -872.8 kDKK, while net earnings were -1144.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOURCE TECHNOLOGY ApS's liquidity measured by quick ratio was 2.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit31 100.0042 875.0042 090.0047 431.0021 934.01
EBIT12 264.0019 011.0018 634.0019 823.00- 872.85
Net earnings9 532.0014 436.0014 453.0015 986.00-1 144.47
Shareholders equity total23 099.0037 535.0049 489.0064 174.0063 029.73
Balance sheet total (assets)68 430.0071 928.0069 778.0085 751.0077 951.33
Net debt10 236.00-1 945.002 455.00-10 363.00480.47
Profitability
EBIT-%
ROA19.6 %27.4 %26.6 %27.5 %-1.0 %
ROE52.0 %47.6 %33.2 %28.1 %-1.8 %
ROI29.9 %41.8 %34.8 %32.3 %-1.1 %
Economic value added (EVA)8 247.7413 614.7612 931.7612 918.29-3 322.60
Solvency
Equity ratio47.3 %65.9 %73.4 %75.6 %81.7 %
Gearing77.4 %21.0 %14.9 %10.0 %9.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.81.72.62.7
Current ratio0.91.22.53.65.9
Cash and cash equivalents7 640.009 817.004 916.0016 803.005 601.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:-1.00%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.7%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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