SØREN VANGSTED ØST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØREN VANGSTED ØST A/S
SØREN VANGSTED ØST A/S (CVR number: 26392845) is a company from MARIAGERFJORD. The company recorded a gross profit of -21.8 kDKK in 2019. The operating profit was -21.8 kDKK, while net earnings were -115.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.3 %, which can be considered poor and Return on Equity (ROE) was -52.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØREN VANGSTED ØST A/S's liquidity measured by quick ratio was 17.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -6.17 | -34.77 | -20.40 | -21.80 |
EBIT | -6.17 | -34.77 | -20.40 | -21.80 |
Net earnings | 276.39 | -95.64 | -63.42 | - 115.81 |
Shareholders equity total | 438.71 | 343.07 | 279.65 | 163.83 |
Balance sheet total (assets) | 453.71 | 358.07 | 294.65 | 173.83 |
Net debt | -41.59 | -7.57 | -9.39 | - 126.19 |
Profitability | ||||
EBIT-% | ||||
ROA | 42.9 % | -8.6 % | -6.3 % | -9.3 % |
ROE | 63.0 % | -24.5 % | -20.4 % | -52.2 % |
ROI | 44.4 % | -8.9 % | -6.6 % | -9.8 % |
Economic value added (EVA) | -8.75 | -52.15 | -36.46 | -35.38 |
Solvency | ||||
Equity ratio | 96.7 % | 95.8 % | 94.9 % | 94.2 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 30.2 | 23.9 | 19.6 | 17.4 |
Current ratio | 30.2 | 23.9 | 19.6 | 17.4 |
Cash and cash equivalents | 41.59 | 7.57 | 9.39 | 126.19 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | B | B | C |
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