Songa Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41198842
Lindevangsvej 10, Trørød 2950 Vedbæk

Credit rating

Company information

Official name
Songa Holding ApS
Established
2019
Domicile
Trørød
Company form
Private limited company
Industry

About Songa Holding ApS

Songa Holding ApS (CVR number: 41198842) is a company from RUDERSDAL. The company recorded a gross profit of -58.4 kDKK in 2023. The operating profit was -207.5 kDKK, while net earnings were 12.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 16.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Songa Holding ApS's liquidity measured by quick ratio was 240.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-6.50-12.47-24.87-46.51-58.37
EBIT-6.50-12.47-24.87-46.51- 207.54
Net earnings-6.505 581.3416 612.4716 460.3212 881.59
Shareholders equity total36 181.3041 762.6358 375.1073 766.9378 648.53
Balance sheet total (assets)36 187.8041 930.7961 040.7773 830.4778 814.05
Net debt-5 242.99-24 251.80-32 691.66-35 900.04
Profitability
EBIT-%
ROA-0.0 %14.7 %34.4 %26.6 %17.4 %
ROE-0.0 %14.3 %33.2 %24.9 %16.9 %
ROI-0.0 %14.8 %35.4 %27.1 %17.4 %
Economic value added (EVA)-6.50-9.42-41.5557.23- 428.08
Solvency
Equity ratio100.0 %99.6 %95.6 %99.9 %99.8 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio31.29.1545.8240.5
Current ratio31.29.1545.8240.5
Cash and cash equivalents5 242.9924 251.8032 741.6635 950.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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