SØGAARD ERHVERV ApS — Credit Rating and Financial Key Figures

CVR number: 24240355
Stiftsvej 11, 7100 Vejle

Company information

Official name
SØGAARD ERHVERV ApS
Established
1999
Company form
Private limited company
Industry

About SØGAARD ERHVERV ApS

SØGAARD ERHVERV ApS (CVR number: 24240355) is a company from VEJLE. The company recorded a gross profit of -20.9 kDKK in 2023. The operating profit was -20.9 kDKK, while net earnings were 50.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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 ERHVERV ApS's liquidity measured by quick ratio was 4.3 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 profit987.511 199.861 292.63120.70-20.95
EBIT987.51699.86493.42120.70-20.95
Net earnings645.76417.99304.1192.3450.88
Shareholders equity total5 103.625 521.615 825.725 918.055 968.93
Balance sheet total (assets)15 088.5617 068.1715 519.827 687.707 788.02
Net debt7 501.607 247.247 561.51-7 108.211 596.15
Profitability
EBIT-%
ROA6.6 %4.4 %3.0 %1.7 %1.3 %
ROE13.5 %7.9 %5.4 %1.6 %0.9 %
ROI6.9 %4.6 %3.2 %1.9 %1.4 %
Economic value added (EVA)251.6447.72- 137.37- 525.8461.46
Solvency
Equity ratio33.8 %32.4 %37.5 %77.0 %76.6 %
Gearing153.0 %172.3 %129.8 %6.0 %30.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.80.84.34.3
Current ratio0.10.80.84.34.3
Cash and cash equivalents309.022 267.557 466.25193.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBB

Variable visualization

ROA:1.30%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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