Søvang Dairy ApS — Credit Rating and Financial Key Figures

Søvang Dairy ApS (CVR number: 42507636) is a company from HERNING. The company recorded a gross profit of 10.7 mDKK in 2023. The operating profit was 2653.1 kDKK, while net earnings were 521.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 27.5 %, 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. Søvang Dairy ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.