Søren Svendsen Transport ApS — Credit Rating and Financial Key Figures

CVR number: 38953052
Honum Byvej 10, 8763 Rask Mølle

Credit rating

Company information

Official name
Søren Svendsen Transport ApS
Established
2017
Company form
Private limited company
Industry

About Søren Svendsen Transport ApS

Søren Svendsen Transport ApS (CVR number: 38953052) is a company from HEDENSTED. The company recorded a gross profit of -3.2 kDKK in 2023. The operating profit was -3.2 kDKK, while net earnings were 457.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Søren Svendsen Transport 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.06-2.75-3.25-2.25-3.20
EBIT-2.06-2.75-3.25-2.25-3.20
Net earnings145.20613.13759.92758.08457.47
Shareholders equity total599.721 212.851 916.272 559.942 899.61
Balance sheet total (assets)808.461 277.811 975.462 614.402 952.81
Net debt135.9044.79- 173.23-50.00-24.24
Profitability
EBIT-%
ROA19.9 %59.2 %46.9 %33.2 %16.5 %
ROE27.5 %67.7 %48.6 %33.9 %16.8 %
ROI20.0 %59.2 %47.0 %33.3 %16.5 %
Economic value added (EVA)-37.26-43.33-67.41- 101.34- 134.50
Solvency
Equity ratio74.2 %94.9 %97.0 %97.9 %98.2 %
Gearing34.6 %5.3 %2.9 %2.1 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.33.91.91.4
Current ratio0.30.33.91.91.4
Cash and cash equivalents71.8419.16228.91102.9676.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.5%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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