Søften Udvikling P/S — Credit Rating and Financial Key Figures

CVR number: 41096543
Borumvej 105, Borum 8471 Sabro
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Company information

Official name
Søften Udvikling P/S
Established
2020
Domicile
Borum
Industry

About Søften Udvikling P/S

Søften Udvikling P/S (CVR number: 41096543) is a company from AARHUS. The company recorded a gross profit of -20.2 kDKK in 2023. The operating profit was -30.2 kDKK, while net earnings were -32.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.3 %, which can be considered poor and Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Søften Udvikling P/S's liquidity measured by quick ratio was 5.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-25.35-22.00-22.31-20.25
EBIT-25.35-22.00-22.31-30.25
Net earnings-25.68-24.02-24.53-32.36
Shareholders equity total374.31350.30325.77293.40
Balance sheet total (assets)396.31384.66372.86353.61
Net debt-86.31-74.66-62.86-53.61
Profitability
EBIT-%
ROA-6.4 %-5.6 %-5.9 %-8.3 %
ROE-6.9 %-6.6 %-7.3 %-10.5 %
ROI-6.8 %-6.1 %-6.6 %-9.8 %
Economic value added (EVA)-25.35-21.40-21.09-28.39
Solvency
Equity ratio94.4 %91.1 %87.4 %83.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio17.610.97.75.9
Current ratio17.610.97.75.9
Cash and cash equivalents86.3174.6662.8653.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-8.33%
Rating: 12/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.0%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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