SOCO HJUL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOCO HJUL A/S
SOCO HJUL A/S (CVR number: 17201697) is a company from Høje-Taastrup. The company recorded a gross profit of -16.1 kDKK in 2023. The operating profit was -16.1 kDKK, while net earnings were 29.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOCO HJUL A/S's liquidity measured by quick ratio was 24.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 345.00 | 249.58 | 255.00 | ||
Gross profit | 131.00 | 84.31 | 111.00 | -16.00 | -16.06 |
EBIT | 131.00 | 84.31 | 111.00 | -16.00 | -16.06 |
Net earnings | 137.00 | 104.19 | 129.00 | 35.00 | 29.68 |
Shareholders equity total | 1 176.00 | 1 280.36 | 1 409.00 | 1 442.97 | 1 472.64 |
Balance sheet total (assets) | 1 228.00 | 1 361.75 | 1 487.00 | 1 504.00 | 1 544.48 |
Net debt | 25.86 | ||||
Profitability | |||||
EBIT-% | 38.0 % | 33.8 % | 43.5 % | ||
ROA | 15.4 % | 10.3 % | 11.6 % | 2.9 % | 2.9 % |
ROE | 12.4 % | 8.5 % | 9.6 % | 2.5 % | 2.0 % |
ROI | 15.9 % | 10.9 % | 12.3 % | 3.1 % | 3.0 % |
Economic value added (EVA) | 49.76 | 6.67 | 22.44 | -83.53 | -85.04 |
Solvency | |||||
Equity ratio | 95.8 % | 94.0 % | 94.8 % | 95.9 % | 95.3 % |
Gearing | 2.6 % | ||||
Relative net indebtedness % | 15.1 % | 32.6 % | 30.6 % | ||
Liquidity | |||||
Quick ratio | 94.5 | 26.2 | 35.4 | 29.5 | 24.3 |
Current ratio | 94.5 | 26.2 | 35.4 | 29.5 | 24.3 |
Cash and cash equivalents | 12.88 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 352.2 % | 524.8 % | 566.7 % | ||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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