Socify IVS — Credit Rating and Financial Key Figures

CVR number: 38620339
Nørre Alle 6, 8660 Skanderborg
mads.therkelsen@gmail.com

Company information

Official name
Socify IVS
Established
2017
Company form
Entrepreneurial limited company
Industry

About Socify IVS

Socify IVS (CVR number: 38620339) is a company from SKANDERBORG. The company recorded a gross profit of 0 kDKK in 2020, demonstrating a growth of 0 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Socify IVS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
Volume
Net sales6.584.380.93
Gross profit0.370.41-1.30
EBIT-5.390.41-1.30
Net earnings-4.210.40-1.03
Shareholders equity total2.793.102.08
Balance sheet total (assets)2.806.052.20
Net debt-1.62-2.45-0.81
Profitability
EBIT-%-81.9 %9.3 %-140.1 %
ROA-192.3 %9.2 %-31.5 %
ROE-151.0 %13.7 %-39.6 %
ROI-193.3 %9.7 %-33.8 %
Economic value added (EVA)-4.210.35-1.21-0.06
Solvency
Equity ratio99.5 %51.3 %94.2 %
Gearing80.5 %
Relative net indebtedness %-24.3 %-45.7 %-74.1 %
Liquidity
Quick ratio200.32.16.4
Current ratio200.32.16.4
Cash and cash equivalents1.624.950.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %42.4 %70.8 %74.1 %
Credit risk
Credit ratingBBBBB

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