SØVANG GODS A/S — Credit Rating and Financial Key Figures

CVR number: 13405506
Søbyvej 40, Søvang 7840 Højslev
faktura@sovanggods.org
tel: 97548238

Company information

Official name
SØVANG GODS A/S
Personnel
3 persons
Established
1989
Domicile
Søvang
Company form
Limited company
Industry

About SØVANG GODS A/S

SØVANG GODS A/S (CVR number: 13405506) is a company from SKIVE. The company recorded a gross profit of 5867.4 kDKK in 2024. The operating profit was 1978.8 kDKK, while net earnings were 161.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 54.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SØVANG GODS A/S's liquidity measured by quick ratio was 4.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 003.575 795.1411 415.138 056.775 867.35
EBIT982.98660.136 344.253 403.631 978.80
Net earnings793.17338.945 119.901 497.71161.48
Shareholders equity total78 612.6078 951.5484 071.4485 569.1585 730.64
Balance sheet total (assets)166 754.70160 989.00161 141.73157 762.40156 581.95
Net debt69 050.5264 354.8458 763.5344 333.5943 260.85
Profitability
EBIT-%
ROA0.9 %0.5 %4.4 %2.5 %1.5 %
ROE1.0 %0.4 %6.3 %1.8 %0.2 %
ROI0.9 %0.5 %4.5 %2.6 %1.6 %
Economic value added (EVA)-7 448.80-7 712.06-3 021.05-5 247.73-6 243.47
Solvency
Equity ratio47.1 %49.0 %52.2 %54.2 %54.8 %
Gearing87.8 %81.5 %69.9 %64.1 %64.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.03.52.93.94.2
Current ratio4.45.34.55.26.6
Cash and cash equivalents10 502.9611 588.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:1.55%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.8%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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