SOCO HJUL A/S — Credit Rating and Financial Key Figures

CVR number: 17201697
Helgeshøj Alle 16 D, Høje Taastrup 2630 Taastrup
tel: 43528116

Credit rating

Company information

Official name
SOCO HJUL A/S
Established
1993
Domicile
Høje Taastrup
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales345.00249.58255.00
Gross profit131.0084.31111.00-16.00-16.06
EBIT131.0084.31111.00-16.00-16.06
Net earnings137.00104.19129.0035.0029.68
Shareholders equity total1 176.001 280.361 409.001 442.971 472.64
Balance sheet total (assets)1 228.001 361.751 487.001 504.001 544.48
Net debt25.86
Profitability
EBIT-%38.0 %33.8 %43.5 %
ROA15.4 %10.3 %11.6 %2.9 %2.9 %
ROE12.4 %8.5 %9.6 %2.5 %2.0 %
ROI15.9 %10.9 %12.3 %3.1 %3.0 %
Economic value added (EVA)49.766.6722.44-83.53-85.04
Solvency
Equity ratio95.8 %94.0 %94.8 %95.9 %95.3 %
Gearing2.6 %
Relative net indebtedness %15.1 %32.6 %30.6 %
Liquidity
Quick ratio94.526.235.429.524.3
Current ratio94.526.235.429.524.3
Cash and cash equivalents12.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %352.2 %524.8 %566.7 %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:2.89%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.3%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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