Søgaard Biler ApS — Credit Rating and Financial Key Figures

Søgaard Biler ApS (CVR number: 38445588) is a company from SKIVE. The company recorded a gross profit of 1957 kDKK in 2023. The operating profit was 1190.2 kDKK, while net earnings were 1086.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.8 %, which can be considered excellent and Return on Equity (ROE) was 30.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. Søgaard Biler ApS's liquidity measured by quick ratio was 1.9 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.