SOURCE IT COMPANY A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 566.93 | 6 086.96 | 4 278.51 | 939.19 | -10.31 |
EBIT | 1 581.15 | 2 133.59 | 743.93 | -95.27 | -12.35 |
Net earnings | 1 232.29 | 1 663.62 | 573.08 | -82.83 | -13.71 |
Shareholders equity total | 2 324.89 | 2 164.63 | 1 137.71 | 1 054.88 | 741.17 |
Balance sheet total (assets) | 4 381.17 | 3 739.14 | 2 817.52 | 1 371.47 | 849.74 |
Net debt | -2 646.90 | -2 487.03 | -2 071.33 | - 795.61 | - 799.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 36.1 % | 52.7 % | 22.8 % | -4.5 % | -1.1 % |
ROE | 53.0 % | 74.1 % | 34.7 % | -7.6 % | -1.5 % |
ROI | 68.1 % | 95.2 % | 44.9 % | -7.8 % | -1.2 % |
Economic value added (EVA) | 1 230.76 | 1 678.97 | 596.19 | -26.94 | -12.92 |
Solvency | |||||
Equity ratio | 53.1 % | 57.9 % | 40.4 % | 76.9 % | 87.2 % |
Gearing | 2.5 % | 18.4 % | 2.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 3.4 | 1.9 | 4.7 | 10.1 |
Current ratio | 2.1 | 3.4 | 1.9 | 4.7 | 10.1 |
Cash and cash equivalents | 2 646.90 | 2 487.03 | 2 099.63 | 989.42 | 820.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
Variable visualization
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