SORCAB CONSULTING ApS — Credit Rating and Financial Key Figures

SORCAB CONSULTING ApS (CVR number: 30605845) is a company from VEJLE. The company reported a net sales of 0.7 mDKK in 2017, demonstrating a growth of 178.5 % compared to the previous year. The operating profit percentage was at 16.6 % (EBIT: 0.1 mDKK), while net earnings were 93.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 96.5 %, which can be considered excellent and Return on Equity (ROE) was 192 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SORCAB CONSULTING ApS'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.