MICHAEL SØGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MICHAEL SØGAARD HOLDING ApS
MICHAEL SØGAARD HOLDING ApS (CVR number: 34090475) is a company from HELSINGØR. The company recorded a gross profit of -17.2 kDKK in 2024. The operating profit was -17.2 kDKK, while net earnings were 367 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 24.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.6 %, 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. MICHAEL SØGAARD HOLDING ApS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.60 | -7.11 | -26.66 | -18.53 | -17.23 |
EBIT | -6.60 | -7.11 | -26.66 | -18.53 | -17.23 |
Net earnings | 439.58 | 240.28 | 287.46 | - 418.69 | 367.00 |
Shareholders equity total | 1 424.61 | 1 608.40 | 1 838.65 | 1 361.07 | 1 667.06 |
Balance sheet total (assets) | 1 543.51 | 1 765.04 | 3 124.05 | 2 786.50 | 3 228.06 |
Net debt | - 217.06 | - 449.56 | - 662.83 | - 640.55 | - 612.96 |
Profitability | |||||
EBIT-% | |||||
ROA | 33.0 % | 14.5 % | 16.0 % | -11.0 % | 15.5 % |
ROE | 35.7 % | 15.8 % | 16.7 % | -26.2 % | 24.2 % |
ROI | 33.1 % | 14.6 % | 16.0 % | -11.0 % | 15.6 % |
Economic value added (EVA) | -62.77 | -84.47 | - 115.14 | - 175.30 | - 155.56 |
Solvency | |||||
Equity ratio | 92.3 % | 91.1 % | 58.9 % | 48.8 % | 51.6 % |
Gearing | 8.1 % | 9.5 % | 69.7 % | 104.2 % | 93.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 3.8 | 1.5 | 1.6 | 1.6 |
Current ratio | 2.8 | 3.8 | 1.5 | 1.6 | 1.6 |
Cash and cash equivalents | 331.96 | 601.96 | 1 943.99 | 2 059.37 | 2 167.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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