SØREN HOVGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØREN HOVGAARD HOLDING ApS
SØREN HOVGAARD HOLDING ApS (CVR number: 35212558) is a company from RUDERSDAL. The company recorded a gross profit of -8.6 kDKK in 2023. The operating profit was -8.6 kDKK, while net earnings were 460.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.7 %, which can be considered excellent and Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SØREN HOVGAARD HOLDING ApS's liquidity measured by quick ratio was 3.1 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 | -6.25 | -6.25 | -6.25 | -7.39 | -8.65 |
EBIT | -6.25 | -6.25 | -6.25 | -7.39 | -8.65 |
Net earnings | 130.24 | 254.94 | 419.63 | 152.86 | 460.13 |
Shareholders equity total | 1 530.42 | 1 674.76 | 1 981.39 | 2 019.85 | 2 362.19 |
Balance sheet total (assets) | 1 621.72 | 1 769.46 | 2 080.64 | 2 539.60 | 3 259.72 |
Net debt | -1 006.63 | - 900.64 | - 775.59 | -1 413.33 | -1 748.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.4 % | 15.3 % | 22.3 % | 14.0 % | 18.7 % |
ROE | 8.6 % | 15.9 % | 23.0 % | 7.6 % | 21.0 % |
ROI | 8.9 % | 16.2 % | 23.5 % | 14.8 % | 19.7 % |
Economic value added (EVA) | -50.94 | -28.40 | -26.61 | -46.86 | 1.74 |
Solvency | |||||
Equity ratio | 94.4 % | 94.6 % | 95.2 % | 79.5 % | 72.5 % |
Gearing | 18.0 % | 32.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.4 | 14.8 | 17.1 | 4.1 | 3.1 |
Current ratio | 16.4 | 14.8 | 17.1 | 4.1 | 3.1 |
Cash and cash equivalents | 1 006.63 | 900.64 | 775.59 | 1 776.91 | 2 510.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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