SOBCO A/S — Credit Rating and Financial Key Figures

CVR number: 29820902
Ryvangs Allé 18, 2100 København Ø

Company information

Official name
SOBCO A/S
Established
2009
Company form
Limited company
Industry

About SOBCO A/S

SOBCO A/S (CVR number: 29820902) is a company from KØBENHAVN. The company recorded a gross profit of 876.6 kDKK in 2023. The operating profit was 876.6 kDKK, while net earnings were 438.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 43.4 %, 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. SOBCO A/S's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit65.00610.001 809.00633.00876.57
EBIT865.00610.003 809.001 133.00876.57
Net earnings498.00297.002 961.00759.00438.43
Shareholders equity total7 275.007 572.0010 533.0011 292.0011 349.29
Balance sheet total (assets)23 310.0023 300.0026 248.0026 359.0026 126.12
Net debt13 696.0012 737.0011 378.0011 149.0010 804.93
Profitability
EBIT-%
ROA3.8 %2.7 %15.4 %4.3 %3.4 %
ROE7.1 %4.0 %32.7 %7.0 %3.9 %
ROI3.8 %2.7 %15.9 %4.5 %3.4 %
Economic value added (EVA)- 306.59- 518.122 171.89- 178.85- 405.88
Solvency
Equity ratio31.2 %32.5 %40.1 %42.8 %43.4 %
Gearing188.3 %168.2 %111.9 %103.0 %96.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.50.40.2
Current ratio0.00.50.40.2
Cash and cash equivalents409.00479.00197.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.37%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.4%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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