SØGÅRD VVS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØGÅRD VVS ApS
SØGÅRD VVS ApS (CVR number: 27514049) is a company from AABENRAA. The company recorded a gross profit of 1635.1 kDKK in 2024. The operating profit was -114.8 kDKK, while net earnings were -103.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -15.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 31.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SØGÅRD VVS ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 351.36 | 2 321.32 | 2 370.41 | 2 344.64 | 1 635.14 |
EBIT | 523.91 | 540.65 | 614.37 | 317.14 | - 114.83 |
Net earnings | 396.84 | 409.62 | 462.24 | 234.69 | - 103.47 |
Shareholders equity total | 965.95 | 1 000.57 | 1 062.82 | 847.50 | 514.03 |
Balance sheet total (assets) | 2 869.35 | 2 313.31 | 2 605.67 | 2 020.95 | 1 647.44 |
Net debt | - 800.63 | - 280.37 | 22.22 | -6.98 | 325.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.2 % | 20.9 % | 25.0 % | 13.7 % | -6.2 % |
ROE | 46.3 % | 41.7 % | 44.8 % | 24.6 % | -15.2 % |
ROI | 32.6 % | 32.8 % | 36.9 % | 19.6 % | -8.0 % |
Economic value added (EVA) | 339.06 | 340.22 | 394.64 | 159.18 | - 167.37 |
Solvency | |||||
Equity ratio | 33.7 % | 43.3 % | 40.8 % | 41.9 % | 31.2 % |
Gearing | 47.5 % | 42.2 % | 45.6 % | 61.4 % | 131.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 1.3 | 1.1 | 0.8 |
Current ratio | 1.4 | 1.6 | 1.4 | 1.4 | 0.9 |
Cash and cash equivalents | 1 259.75 | 702.56 | 462.47 | 527.05 | 351.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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