SOVEREIGN SPEED DENMARK ApS — Credit Rating and Financial Key Figures

SOVEREIGN SPEED DENMARK ApS (CVR number: 36472316) is a company from TÅRNBY. The company recorded a gross profit of 274.2 kEUR in 2023. The operating profit was 113.6 kEUR, while net earnings were 70.6 kEUR. The profitability of the company measured by Return on Assets (ROA) was 14.3 %, which can be considered good but Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.9 %, 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. SOVEREIGN SPEED DENMARK ApS's liquidity measured by quick ratio was 1.7 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.