SØREN GADE ApS — Credit Rating and Financial Key Figures

CVR number: 38822314
Præstevænget 3, Guldager 6710 Esbjerg V
tel: 75116998

Company information

Official name
SØREN GADE ApS
Established
1977
Domicile
Guldager
Company form
Private limited company
Industry
  • Expand more icon69Legal and accounting activities

About SØREN GADE ApS

SØREN GADE ApS (CVR number: 38822314) is a company from ESBJERG. The company recorded a gross profit of 0 kDKK in 2018. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SØREN GADE ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales
Gross profit46.79-34.35
EBIT37.09-34.35
Net earnings-21.02-51.97
Shareholders equity total184.45132.48
Balance sheet total (assets)1 624.311 460.48
Net debt920.32934.07
Profitability
EBIT-%
ROA2.6 %-2.1 %
ROE-11.4 %-32.8 %
ROI3.0 %-2.4 %
Economic value added (EVA)37.09-81.08-44.81
Solvency
Equity ratio11.4 %9.1 %
Gearing672.0 %863.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.40.8
Current ratio1.40.8
Cash and cash equivalents319.26210.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

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