STORE SØVANG ApS — Credit Rating and Financial Key Figures

STORE SØVANG ApS (CVR number: 26198720) is a company from KØGE. The company recorded a gross profit of 1307.2 kDKK in 2022. The operating profit was 1025.2 kDKK, while net earnings were 1723.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 53.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.7 %, 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. STORE SØVANG ApS's liquidity measured by quick ratio was 1.6 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.