SUVO Middelfart ApS — Credit Rating and Financial Key Figures

CVR number: 33152159
Nybodalen 1, 7500 Holstebro

Credit rating

Company information

Official name
SUVO Middelfart ApS
Established
2010
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About SUVO Middelfart ApS

SUVO Middelfart ApS (CVR number: 33152159) is a company from HOLSTEBRO. The company recorded a gross profit of 620.1 kDKK in 2017. The operating profit was -88.5 kDKK, while net earnings were -94.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.2 %, which can be considered poor and Return on Equity (ROE) was -296.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 4.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SUVO Middelfart ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit371.09620.07
EBIT13.12-88.48
Net earnings0.22-94.93
Shareholders equity total29.4834.56
Balance sheet total (assets)512.07734.17
Net debt63.67230.64
Profitability
EBIT-%
ROA2.6 %-14.2 %
ROE0.8 %-296.4 %
ROI3.7 %-20.6 %
Economic value added (EVA)13.12-68.99
Solvency
Equity ratio5.8 %4.7 %
Gearing357.2 %678.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.5
Current ratio0.70.6
Cash and cash equivalents41.663.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-14.2%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.71%
Rating: 5/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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