Glen Søgaard ApS — Credit Rating and Financial Key Figures

CVR number: 36926430
Bredsten Landevej 155, Karlskov 7323 Give
Mbsglen@gmail.com
tel: 40112138
Free credit report Annual report

Credit rating

Company information

Official name
Glen Søgaard ApS
Established
2015
Domicile
Karlskov
Company form
Private limited company
Industry

About Glen Søgaard ApS

Glen Søgaard ApS (CVR number: 36926430) is a company from VEJLE. The company recorded a gross profit of 492.3 kDKK in 2024. The operating profit was 378.7 kDKK, while net earnings were 232.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent and Return on Equity (ROE) was 28.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. Glen Søgaard ApS's liquidity measured by quick ratio was 1.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit181.57136.59168.01358.31492.33
EBIT158.6960.25100.14255.22378.67
Net earnings88.8010.8839.94393.48232.11
Shareholders equity total298.38309.25349.20742.67907.29
Balance sheet total (assets)1 072.051 126.851 098.302 240.112 523.75
Net debt641.48746.11527.751 170.73849.88
Profitability
EBIT-%
ROA15.0 %5.5 %9.0 %39.5 %15.9 %
ROE35.0 %3.6 %12.1 %72.1 %28.1 %
ROI15.7 %5.7 %9.6 %42.2 %17.5 %
Economic value added (EVA)73.87-17.2124.23141.96196.01
Solvency
Equity ratio27.8 %27.4 %31.8 %33.2 %35.9 %
Gearing248.2 %241.3 %188.5 %180.7 %143.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.10.81.92.11.8
Current ratio4.10.81.92.11.8
Cash and cash equivalents99.02130.50171.42447.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.9%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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