Sofie Solgerd Jewelry IVS
Credit rating
Company information
About Sofie Solgerd Jewelry IVS
Sofie Solgerd Jewelry IVS (CVR number: 37237833) is a company from KOLDING. The company reported a net sales of 0.1 mDKK in 2020, demonstrating a growth of 22.7 % compared to the previous year. The operating profit percentage was poor at -94.5 % (EBIT: -0.1 mDKK), while net earnings were -69.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -41.3 %, which can be considered poor and Return on Equity (ROE) was -97.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Sofie Solgerd Jewelry IVS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 259.43 | 187.23 | 96.17 | 117.95 | |
Gross profit | 122.35 | 58.92 | 76.77 | -53.64 | 31.57 |
EBIT | 122.35 | 58.92 | 76.77 | -53.64 | - 111.46 |
Net earnings | 95.01 | 45.55 | 19.49 | -54.10 | -69.45 |
Shareholders equity total | 95.01 | 140.57 | 160.06 | 105.95 | 36.50 |
Balance sheet total (assets) | 122.00 | 154.86 | 239.97 | 154.99 | 178.82 |
Net debt | - 122.00 | -77.17 | - 141.33 | -43.28 | 39.16 |
Profitability | |||||
EBIT-% | 47.2 % | 41.0 % | -55.8 % | -94.5 % | |
ROA | 100.3 % | 42.6 % | 38.9 % | -27.2 % | -41.3 % |
ROE | 100.0 % | 38.7 % | 13.0 % | -40.7 % | -97.5 % |
ROI | 128.8 % | 50.0 % | 47.3 % | -31.7 % | -45.3 % |
Economic value added (EVA) | 95.29 | 47.33 | 52.44 | -51.87 | - 110.69 |
Solvency | |||||
Equity ratio | 77.9 % | 90.8 % | 66.7 % | 68.4 % | 20.4 % |
Gearing | 15.0 % | 45.3 % | 311.5 % | ||
Relative net indebtedness % | -36.6 % | -45.6 % | -43.9 % | 57.5 % | |
Liquidity | |||||
Quick ratio | 4.5 | 10.8 | 2.8 | 3.2 | 1.3 |
Current ratio | 4.5 | 10.8 | 3.0 | 3.2 | 1.3 |
Cash and cash equivalents | 122.00 | 77.17 | 165.33 | 91.28 | 74.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 36.6 % | 85.5 % | 110.2 % | 30.9 % | |
Credit risk | |||||
Credit rating | C | B | B | B | B |
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