STORE SØVANG ApS — Credit Rating and Financial Key Figures

CVR number: 26198720
Galoche Alle 1, 4600 Køge
tel: 70222555

Company information

Official name
STORE SØVANG ApS
Personnel
3 persons
Established
2001
Company form
Private limited company
Industry

About STORE SØVANG ApS

STORE SØVANG ApS (CVR number: 26198720) is a company from KØGE. The company recorded a gross profit of 4244 kDKK in 2024. The operating profit was 3132.3 kDKK, while net earnings were 1235.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. STORE SØVANG ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 291.001 347.001 307.184 244.03
EBIT1 015.001 071.001 025.193 132.30
Net earnings588.00654.001 723.471 235.58
Shareholders equity total2 501.002 344.004 144.574 833.82
Balance sheet total (assets)12 369.0011 752.0012 284.0231 957.00
Net debt6 833.006 687.005 692.4816 786.72
Profitability
EBIT-%
ROA8.0 %9.0 %20.0 %9.8 %
ROE27.5 %27.0 %53.1 %25.6 %
ROI8.5 %9.5 %21.6 %11.7 %
Economic value added (EVA)197.88282.85267.91- 554.272 348.92
Solvency
Equity ratio20.2 %19.9 %33.7 %15.2 %
Gearing300.6 %307.6 %138.4 %347.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.21.60.7
Current ratio1.51.21.60.7
Cash and cash equivalents684.00523.0044.640.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:9.84%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.2%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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