SØREN ENGGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 15 014.00 | 18 087.00 | 25 162.00 | 23 838.00 | 25 116.00 |
EBIT | 13 549.00 | 21 066.00 | 87 406.00 | 15 065.00 | 19 474.00 |
Net earnings | 87 080.00 | 43 401.00 | 172 497.00 | 70 940.00 | 47 669.00 |
Shareholders equity total | 484 118.00 | 527 518.00 | 700 015.00 | 670 955.00 | 718 624.00 |
Balance sheet total (assets) | 673 974.00 | 728 556.00 | 911 418.00 | 923 442.00 | 1 132 296.00 |
Net debt | 95 698.00 | 139 307.00 | 348 234.00 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 12.1 % | 3.0 % | 10.7 % | 8.4 % | 6.5 % |
ROE | 15.1 % | 8.6 % | 28.1 % | 10.3 % | 6.9 % |
ROI | 12.9 % | 3.1 % | 10.7 % | 8.6 % | 6.7 % |
Economic value added (EVA) | 14 544.82 | 10 270.74 | 60 898.22 | -23 421.04 | 14 407.69 |
Solvency | |||||
Equity ratio | 71.8 % | 100.0 % | 100.0 % | 72.7 % | 63.5 % |
Gearing | 25.3 % | 27.8 % | 48.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.3 | 1.2 | ||
Current ratio | 3.2 | 2.0 | 2.2 | ||
Cash and cash equivalents | 26 854.00 | 47 448.00 | 1 189.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | BBB | BBB | AAA | AAA |
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