MICHAEL SØGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34090475
Ole Piis Vej 1 B, 3100 Hornbæk

Credit rating

Company information

Official name
MICHAEL SØGAARD HOLDING ApS
Established
2011
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings439.58240.28287.46- 418.69367.00
Shareholders equity total1 424.611 608.401 838.651 361.071 667.06
Balance sheet total (assets)1 543.511 765.043 124.052 786.503 228.06
Net debt- 217.06- 449.56- 662.83- 640.55- 612.96
Profitability
EBIT-%
ROA33.0 %14.5 %16.0 %-11.0 %15.5 %
ROE35.7 %15.8 %16.7 %-26.2 %24.2 %
ROI33.1 %14.6 %16.0 %-11.0 %15.6 %
Economic value added (EVA)-62.77-84.47- 115.14- 175.30- 155.56
Solvency
Equity ratio92.3 %91.1 %58.9 %48.8 %51.6 %
Gearing8.1 %9.5 %69.7 %104.2 %93.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.83.81.51.61.6
Current ratio2.83.81.51.61.6
Cash and cash equivalents331.96601.961 943.992 059.372 167.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.6%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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