SOUTH CONE INVESTMENTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SOUTH CONE INVESTMENTS A/S
SOUTH CONE INVESTMENTS A/S (CVR number: 31188261) is a company from GLADSAXE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -414 kDKK, while net earnings were 8970.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good and Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOUTH CONE INVESTMENTS A/S's liquidity measured by quick ratio was 59.1 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 | |||||
EBIT | - 386.07 | - 353.97 | - 541.80 | - 506.13 | - 414.03 |
Net earnings | 4 603.89 | 165.76 | 9 756.76 | 11 234.13 | 8 970.58 |
Shareholders equity total | 56 217.25 | 64 197.82 | 70 554.58 | 78 751.81 | 87 722.39 |
Balance sheet total (assets) | 68 112.66 | 64 227.82 | 70 980.59 | 79 226.66 | 88 047.06 |
Net debt | 3 268.28 | - 144.53 | -2 580.71 | - 470.28 | - 745.86 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.7 % | 0.2 % | 14.3 % | 15.0 % | 10.6 % |
ROE | 8.5 % | 0.3 % | 14.5 % | 15.0 % | 10.8 % |
ROI | 8.8 % | 0.2 % | 14.3 % | 15.1 % | 10.7 % |
Economic value added (EVA) | 1 863.20 | 1 713.28 | 984.65 | 954.37 | 974.86 |
Solvency | |||||
Equity ratio | 82.5 % | 100.0 % | 99.4 % | 99.4 % | 99.6 % |
Gearing | 6.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 70.8 | 15.0 | 24.0 | 59.1 |
Current ratio | 1.2 | 70.8 | 15.0 | 24.0 | 59.1 |
Cash and cash equivalents | 441.13 | 144.53 | 2 580.71 | 470.28 | 745.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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