SØREN HOVGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35212558
Vejlesøvej 106 C, 2840 Holte
sph@nextpartners.dk
tel: 40813575

Company information

Official name
SØREN HOVGAARD HOLDING ApS
Established
2013
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings130.24254.94419.63152.86460.13
Shareholders equity total1 530.421 674.761 981.392 019.852 362.19
Balance sheet total (assets)1 621.721 769.462 080.642 539.603 259.72
Net debt-1 006.63- 900.64- 775.59-1 413.33-1 748.06
Profitability
EBIT-%
ROA8.4 %15.3 %22.3 %14.0 %18.7 %
ROE8.6 %15.9 %23.0 %7.6 %21.0 %
ROI8.9 %16.2 %23.5 %14.8 %19.7 %
Economic value added (EVA)-50.94-28.40-26.61-46.861.74
Solvency
Equity ratio94.4 %94.6 %95.2 %79.5 %72.5 %
Gearing18.0 %32.3 %
Relative net indebtedness %
Liquidity
Quick ratio16.414.817.14.13.1
Current ratio16.414.817.14.13.1
Cash and cash equivalents1 006.63900.64775.591 776.912 510.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:18.7%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.5%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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