SOVIVA TECHNOLOGIES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOVIVA TECHNOLOGIES ApS
SOVIVA TECHNOLOGIES ApS (CVR number: 31754437) is a company from KØBENHAVN. The company recorded a gross profit of -221.4 kDKK in 2023. The operating profit was -221.4 kDKK, while net earnings were 435.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -11.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SOVIVA TECHNOLOGIES ApS's liquidity measured by quick ratio was 60 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -42.00 | - 119.00 | - 279.00 | - 225.00 | - 221.40 |
EBIT | -42.00 | - 119.00 | - 279.00 | - 225.00 | - 221.40 |
Net earnings | -23.00 | 33.00 | 639.00 | -2 222.00 | 435.81 |
Shareholders equity total | -2 748.00 | -2 715.00 | -2 076.00 | -4 297.00 | -3 701.56 |
Balance sheet total (assets) | 4 059.00 | 6 753.00 | 20 989.00 | 22 055.00 | 28 098.76 |
Net debt | 5 839.00 | 6 923.00 | 18 162.00 | 22 966.00 | 29 053.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | -1.0 % | -0.8 % | 0.3 % | 5.9 % |
ROE | -0.6 % | 0.6 % | 4.6 % | -10.3 % | 1.7 % |
ROI | 1.8 % | -1.0 % | -0.8 % | 0.3 % | 5.9 % |
Economic value added (EVA) | 140.91 | 157.43 | 113.80 | 124.39 | 162.46 |
Solvency | |||||
Equity ratio | -40.4 % | -28.7 % | -9.0 % | -16.3 % | -11.6 % |
Gearing | -246.8 % | -347.7 % | -1109.8 % | -612.2 % | -857.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 38.1 | 93.6 | 188.0 | 76.2 | 60.0 |
Current ratio | 38.1 | 93.6 | 188.0 | 76.2 | 60.0 |
Cash and cash equivalents | 943.00 | 2 518.00 | 4 877.00 | 3 342.00 | 2 701.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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