SOCCO A/S — Credit Rating and Financial Key Figures

CVR number: 33054602
Egholmvej 8, 7160 Tørring
tel: 75852323
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Company information

Official name
SOCCO A/S
Personnel
20 persons
Established
2010
Company form
Limited company
Industry

About SOCCO A/S

SOCCO A/S (CVR number: 33054602) is a company from HEDENSTED. The company recorded a gross profit of 9479.6 kDKK in 2024. The operating profit was 1924.3 kDKK, while net earnings were 1407.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.9 %, which can be considered good but Return on Equity (ROE) was 26.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SOCCO A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit13 789.798 786.067 972.718 238.419 479.58
EBIT6 919.322 261.622 693.641 498.551 924.33
Net earnings5 401.161 765.542 075.941 096.701 407.38
Shareholders equity total8 341.604 707.135 018.075 062.125 469.49
Balance sheet total (assets)13 679.999 647.1810 583.5012 915.0813 172.04
Net debt-2 425.03219.911 629.853 583.583 585.26
Profitability
EBIT-%
ROA63.6 %19.6 %26.7 %12.8 %14.9 %
ROE82.6 %27.1 %42.7 %21.8 %26.7 %
ROI91.8 %30.0 %41.3 %19.0 %21.4 %
Economic value added (EVA)5 091.591 339.371 810.95822.801 044.77
Solvency
Equity ratio61.0 %48.8 %47.4 %39.2 %41.5 %
Gearing20.4 %35.7 %76.9 %67.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.00.80.60.5
Current ratio2.82.12.11.51.6
Cash and cash equivalents2 425.03740.48162.63309.43129.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:14.9%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.5%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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