SØBORG AUTO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØBORG AUTO A/S
SØBORG AUTO A/S (CVR number: 16206881) is a company from GRIBSKOV. The company recorded a gross profit of -134.2 kDKK in 2023. The operating profit was -174.8 kDKK, while net earnings were 582.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent but Return on Equity (ROE) was 12.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØBORG AUTO A/S's liquidity measured by quick ratio was 4.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 387.91 | 348.03 | 101.08 | - 298.83 | - 134.16 |
EBIT | 2 823.04 | -73.63 | - 430.12 | - 370.64 | - 174.81 |
Net earnings | 2 245.99 | 1 084.61 | 301.39 | - 698.50 | 582.31 |
Shareholders equity total | 3 664.71 | 4 749.32 | 5 050.71 | 4 352.21 | 4 934.52 |
Balance sheet total (assets) | 5 881.90 | 6 721.69 | 7 171.41 | 5 559.23 | 6 091.60 |
Net debt | -3 361.65 | -4 507.63 | -4 968.37 | -3 795.25 | -4 282.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 53.4 % | 23.2 % | 17.5 % | 2.7 % | 16.7 % |
ROE | 85.3 % | 25.8 % | 6.2 % | -14.9 % | 12.5 % |
ROI | 57.7 % | 25.0 % | 18.6 % | 2.8 % | 16.8 % |
Economic value added (EVA) | 2 166.10 | 16.71 | - 267.43 | - 299.48 | - 144.25 |
Solvency | |||||
Equity ratio | 62.3 % | 70.7 % | 70.4 % | 78.3 % | 81.0 % |
Gearing | 48.0 % | 32.1 % | 34.2 % | 26.8 % | 22.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 3.1 | 3.2 | 4.1 | 4.7 |
Current ratio | 2.5 | 3.2 | 3.2 | 4.1 | 4.7 |
Cash and cash equivalents | 5 120.95 | 6 033.65 | 6 696.90 | 4 960.53 | 5 406.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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