SØGAARD HANDEL & INVEST ApS — Credit Rating and Financial Key Figures

SØGAARD HANDEL & INVEST ApS (CVR number: 32153585) is a company from IKAST-BRANDE. The company recorded a gross profit of 1829.9 kDKK in 2023. The operating profit was 237.5 kDKK, while net earnings were -213.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. SØGAARD HANDEL & INVEST ApS's liquidity measured by quick ratio was 2 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.