SOCCO A/S

SOCCO A/S (CVR number: 33054602) is a company from HEDENSTED. The company recorded a gross profit of 8238.4 kDKK in 2023. The operating profit was 1498.6 kDKK, while net earnings were 1096.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. SOCCO A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.