Søgaard Holding, Ølsted ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Søgaard Holding, Ølsted ApS
Søgaard Holding, Ølsted ApS (CVR number: 40042555) is a company from HALSNÆS. The company recorded a gross profit of -11.3 kDKK in 2024. The operating profit was -11.3 kDKK, while net earnings were 401.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.4 %, which can be considered excellent and Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.5 %, 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. Søgaard Holding, Ølsted ApS's liquidity measured by quick ratio was 1.7 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 | 57.93 | ||||
Gross profit | 55.50 | -2.50 | 393.73 | -5.98 | -11.25 |
EBIT | 55.50 | -2.50 | 393.73 | -5.98 | -11.25 |
Net earnings | 55.93 | 694.10 | 407.37 | 369.28 | 401.44 |
Shareholders equity total | 809.20 | 1 503.30 | 1 140.68 | 1 509.96 | 1 850.40 |
Balance sheet total (assets) | 1 029.01 | 1 829.13 | 1 972.92 | 2 368.09 | 3 273.61 |
Net debt | 2.61 | 240.66 | 459.10 | - 579.68 | -1 549.45 |
Profitability | |||||
EBIT-% | 95.8 % | ||||
ROA | 5.6 % | 50.0 % | 21.9 % | 19.1 % | 16.4 % |
ROE | 6.3 % | 60.0 % | 30.8 % | 27.9 % | 23.9 % |
ROI | 6.3 % | 55.9 % | 22.6 % | 24.1 % | 27.5 % |
Economic value added (EVA) | 8.11 | -43.14 | 308.80 | - 102.01 | -84.69 |
Solvency | |||||
Equity ratio | 78.6 % | 82.2 % | 57.8 % | 63.8 % | 56.5 % |
Gearing | 0.4 % | 16.0 % | 69.9 % | ||
Relative net indebtedness % | 378.5 % | ||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 0.8 | 1.2 | 1.7 |
Current ratio | 1.0 | 0.9 | 0.8 | 1.2 | 1.7 |
Cash and cash equivalents | 0.56 | 0.56 | 338.65 | 579.68 | 1 549.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -3.5 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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