Troels Søvang Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Troels Søvang Holding ApS
Troels Søvang Holding ApS (CVR number: 38699067) is a company from HORSENS. The company recorded a gross profit of -7.9 kDKK in 2024. The operating profit was -7.9 kDKK, while net earnings were 1534.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.7 %, which can be considered excellent and Return on Equity (ROE) was 18.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Troels Søvang Holding ApS's liquidity measured by quick ratio was 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 99.45 | -5.26 | -6.97 | -6.02 | -7.93 |
EBIT | 99.45 | -5.26 | -6.97 | -6.02 | -7.93 |
Net earnings | 66.47 | 621.68 | 683.69 | 1 389.16 | 1 534.33 |
Shareholders equity total | 5 191.79 | 5 756.97 | 6 340.66 | 7 670.93 | 8 844.26 |
Balance sheet total (assets) | 5 272.60 | 5 870.29 | 6 439.90 | 8 371.89 | 9 821.13 |
Net debt | -2 098.15 | -1 887.09 | -3 761.55 | -5 580.54 | -5 747.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.0 % | 12.3 % | 12.9 % | 21.3 % | 19.7 % |
ROE | 1.3 % | 11.4 % | 11.3 % | 19.8 % | 18.6 % |
ROI | 4.0 % | 12.4 % | 13.1 % | 21.9 % | 20.1 % |
Economic value added (EVA) | 86.27 | -35.91 | - 106.92 | -43.76 | 18.70 |
Solvency | |||||
Equity ratio | 98.5 % | 98.1 % | 98.5 % | 91.6 % | 90.1 % |
Gearing | 0.8 % | 5.3 % | 9.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 35.3 | 35.5 | 46.7 | 8.8 | 7.0 |
Current ratio | 35.3 | 35.5 | 46.7 | 8.8 | 7.0 |
Cash and cash equivalents | 2 140.10 | 1 887.09 | 3 761.55 | 5 985.60 | 6 590.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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