SØREN OLE KLITGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29636494
Søttrupvej 15, Hornum 9600 Aars
sok@himmerlandsgasogvvs.dk
tel: 40333484

Credit rating

Company information

Official name
SØREN OLE KLITGAARD HOLDING ApS
Established
2006
Domicile
Hornum
Company form
Private limited company
Industry

About SØREN OLE KLITGAARD HOLDING ApS

SØREN OLE KLITGAARD HOLDING ApS (CVR number: 29636494) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -21 kDKK in 2023. The operating profit was -21 kDKK, while net earnings were 353.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.8 %, which can be considered excellent but Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØREN OLE KLITGAARD HOLDING ApS's liquidity measured by quick ratio was 15.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12.01-12.60-22.88-19.82-21.00
EBIT-12.01-12.60-22.88-19.82-21.00
Net earnings32.95382.96-73.39249.51353.56
Shareholders equity total2 246.572 518.932 332.552 467.652 703.41
Balance sheet total (assets)2 273.572 847.592 446.762 613.472 833.44
Net debt-1 500.18-1 648.41-1 501.38-1 571.65-2 026.29
Profitability
EBIT-%
ROA2.5 %18.2 %7.4 %15.7 %15.8 %
ROE1.4 %16.1 %-3.0 %10.4 %13.7 %
ROI2.5 %18.6 %7.6 %15.8 %16.3 %
Economic value added (EVA)-6.56-8.66-3.67-13.15-12.95
Solvency
Equity ratio98.8 %88.5 %95.3 %94.4 %95.4 %
Gearing0.2 %8.6 %4.5 %4.0 %
Relative net indebtedness %
Liquidity
Quick ratio55.95.814.712.015.9
Current ratio55.95.814.712.015.9
Cash and cash equivalents1 505.711 864.151 606.991 670.892 026.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:15.8%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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