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 271.9 kEUR in 2024. The operating profit was 38.3 kEUR, while net earnings were -0.5 kEUR. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.9 %, 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. SOVEREIGN SPEED DENMARK ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.