SØREN ENGGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 54629516
Indkildevej 6 B, 9210 Aalborg SØ

Credit rating

Company information

Official name
SØREN ENGGAARD A/S
Personnel
9 persons
Established
1975
Company form
Limited company
Industry

About SØREN ENGGAARD A/S

SØREN ENGGAARD A/S (CVR number: 54629516) is a company from AALBORG. The company recorded a gross profit of 25.1 mDKK in 2023. The operating profit was 19.5 mDKK, while net earnings were 47.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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. SØREN ENGGAARD A/S's liquidity measured by quick ratio was 1.2 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 profit15 014.0018 087.0025 162.0023 838.0025 116.00
EBIT13 549.0021 066.0087 406.0015 065.0019 474.00
Net earnings87 080.0043 401.00172 497.0070 940.0047 669.00
Shareholders equity total484 118.00527 518.00700 015.00670 955.00718 624.00
Balance sheet total (assets)673 974.00728 556.00911 418.00923 442.001 132 296.00
Net debt95 698.00139 307.00348 234.00
Profitability
EBIT-%
ROA12.1 %3.0 %10.7 %8.4 %6.5 %
ROE15.1 %8.6 %28.1 %10.3 %6.9 %
ROI12.9 %3.1 %10.7 %8.6 %6.7 %
Economic value added (EVA)14 544.8210 270.7460 898.22-23 421.0414 407.69
Solvency
Equity ratio71.8 %100.0 %100.0 %72.7 %63.5 %
Gearing25.3 %27.8 %48.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.31.2
Current ratio3.22.02.2
Cash and cash equivalents26 854.0047 448.001 189.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBBAAAAAA

Variable visualization

ROA:6.47%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.5%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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