SØREN HOVMAND HOLDING ApS — Credit Rating and Financial Key Figures

SØREN HOVMAND HOLDING ApS (CVR number: 24204391K) is a company from KØGE. The company reported a net sales of 127.7 mDKK in 2024, demonstrating a growth of 10.1 % compared to the previous year. The operating profit percentage was at 8.7 % (EBIT: 11.2 mDKK), while net earnings were 8356.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.9 %, which can be considered excellent and Return on Equity (ROE) was 37.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. SØREN HOVMAND HOLDING ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.