SØVANG ENTERPRISE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31280753
Skrænten 7, 4220 Korsør

Company information

Official name
SØVANG ENTERPRISE HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About SØVANG ENTERPRISE HOLDING ApS

SØVANG ENTERPRISE HOLDING ApS (CVR number: 31280753) is a company from SLAGELSE. The company recorded a gross profit of 133.3 kDKK in 2024. The operating profit was 48.9 kDKK, while net earnings were 252.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØVANG ENTERPRISE HOLDING ApS's liquidity measured by quick ratio was 28.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-8.07-7.05-8.30272.56133.26
EBIT-8.07-7.05-8.30188.1648.86
Net earnings577.87353.90- 196.1625.27252.19
Shareholders equity total7 941.708 182.597 872.037 750.387 880.57
Balance sheet total (assets)8 139.928 302.108 903.077 896.998 073.45
Net debt-4 252.45-5 817.90-4 291.48-5 165.44-5 332.54
Profitability
EBIT-%
ROA8.1 %6.4 %0.4 %2.0 %4.1 %
ROE7.5 %4.4 %-2.4 %0.3 %3.2 %
ROI8.2 %6.5 %0.4 %2.0 %4.2 %
Economic value added (EVA)-74.53-3.39-13.27101.27-27.75
Solvency
Equity ratio97.6 %98.6 %88.4 %98.1 %97.6 %
Gearing12.6 %0.6 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio22.250.836.036.128.5
Current ratio22.250.836.036.128.5
Cash and cash equivalents4 252.455 817.905 280.955 215.355 357.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:4.09%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.6%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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