SOURCE IT COMPANY A/S — Credit Rating and Financial Key Figures

CVR number: 32643337
Niels Ebbesens Vej 17, 1911 Frederiksberg C
tel: 70226337

Company information

Official name
SOURCE IT COMPANY A/S
Personnel
1 person
Established
2009
Company form
Limited company
Industry

About SOURCE IT COMPANY A/S

SOURCE IT COMPANY A/S (CVR number: 32643337) is a company from FREDERIKSBERG. The company recorded a gross profit of -10.3 kDKK in 2020. The operating profit was -12.3 kDKK, while net earnings were -13.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SOURCE IT COMPANY A/S's liquidity measured by quick ratio was 10.1 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
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit6 566.936 086.964 278.51939.19-10.31
EBIT1 581.152 133.59743.93-95.27-12.35
Net earnings1 232.291 663.62573.08-82.83-13.71
Shareholders equity total2 324.892 164.631 137.711 054.88741.17
Balance sheet total (assets)4 381.173 739.142 817.521 371.47849.74
Net debt-2 646.90-2 487.03-2 071.33- 795.61- 799.31
Profitability
EBIT-%
ROA36.1 %52.7 %22.8 %-4.5 %-1.1 %
ROE53.0 %74.1 %34.7 %-7.6 %-1.5 %
ROI68.1 %95.2 %44.9 %-7.8 %-1.2 %
Economic value added (EVA)1 230.761 678.97596.19-26.94-12.92
Solvency
Equity ratio53.1 %57.9 %40.4 %76.9 %87.2 %
Gearing2.5 %18.4 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.13.41.94.710.1
Current ratio2.13.41.94.710.1
Cash and cash equivalents2 646.902 487.032 099.63989.42820.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.11%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.2%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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