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

CVR number: 42961213
Ladegårdsvej 10-14, 7100 Vejle
tel: 75859402

Credit rating

Company information

Official name
SØREN SØGAARD A/S
Personnel
25 persons
Established
1972
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SØREN SØGAARD A/S

SØREN SØGAARD A/S (CVR number: 42961213) is a company from VEJLE. The company recorded a gross profit of 11.9 mDKK in 2023. The operating profit was 2730.3 kDKK, while net earnings were 1794.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 48.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SØREN SØGAARD A/S's liquidity measured by quick ratio was 1.4 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 profit10 465.2712 382.5612 793.3512 138.9911 921.99
EBIT2 175.563 292.532 396.252 096.202 730.26
Net earnings1 443.852 366.631 693.321 510.931 794.41
Shareholders equity total7 086.2611 635.0712 328.3913 839.3214 633.73
Balance sheet total (assets)20 412.3330 296.4928 622.7329 105.5530 507.08
Net debt3 989.63-1 116.11346.452 986.77- 588.67
Profitability
EBIT-%
ROA11.0 %13.0 %8.2 %7.3 %9.2 %
ROE22.7 %25.3 %14.1 %11.5 %12.6 %
ROI15.9 %19.4 %12.2 %9.6 %11.6 %
Economic value added (EVA)1 226.052 043.391 402.991 092.781 339.31
Solvency
Equity ratio35.1 %39.1 %43.6 %47.9 %48.5 %
Gearing81.3 %48.7 %44.7 %56.1 %46.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.10.91.21.4
Current ratio1.91.61.72.92.7
Cash and cash equivalents1 769.846 781.915 168.454 773.607 405.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:9.17%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.5%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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