T. Søgaard Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T. Søgaard Holding ApS
T. Søgaard Holding ApS (CVR number: 38983849) is a company from THISTED. The company recorded a gross profit of -10.5 kDKK in 2024. The operating profit was -10.5 kDKK, while net earnings were 3694.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.7 %, which can be considered excellent and Return on Equity (ROE) was 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. T. Søgaard Holding ApS's liquidity measured by quick ratio was 2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.00 | -28.04 | -6.08 | -35.76 | -10.46 |
EBIT | -4.00 | -28.04 | -6.08 | -35.76 | -10.46 |
Net earnings | 1 349.98 | 1 908.68 | 2 105.99 | 2 542.32 | 3 694.54 |
Shareholders equity total | 2 373.69 | 4 225.87 | 6 274.66 | 8 758.09 | 12 391.63 |
Balance sheet total (assets) | 2 795.45 | 4 652.75 | 6 849.00 | 12 883.39 | 16 049.45 |
Net debt | 262.25 | 81.58 | - 445.88 | 3 644.41 | 3 128.19 |
Profitability | |||||
EBIT-% | |||||
ROA | 61.4 % | 51.3 % | 36.7 % | 26.3 % | 26.7 % |
ROE | 78.2 % | 57.8 % | 40.1 % | 33.8 % | 34.9 % |
ROI | 63.0 % | 52.5 % | 38.7 % | 26.9 % | 26.7 % |
Economic value added (EVA) | -81.53 | - 160.77 | - 233.10 | - 350.09 | - 655.15 |
Solvency | |||||
Equity ratio | 84.9 % | 90.8 % | 91.6 % | 68.0 % | 77.2 % |
Gearing | 16.3 % | 6.9 % | 2.1 % | 47.1 % | 29.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.5 | 2.6 | 2.8 | 2.0 |
Current ratio | 1.2 | 1.5 | 2.6 | 2.8 | 2.0 |
Cash and cash equivalents | 123.47 | 210.26 | 576.91 | 476.90 | 525.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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