M. SØNDERGAARD TRANSPORT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M. SØNDERGAARD TRANSPORT ApS
M. SØNDERGAARD TRANSPORT ApS (CVR number: 32337945) is a company from HORSENS. The company reported a net sales of 3.4 mDKK in 2023, demonstrating a decline of -12.7 % compared to the previous year. The operating profit percentage was at 11.3 % (EBIT: 0.4 mDKK), while net earnings were 285.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 18.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. M. SØNDERGAARD TRANSPORT ApS's liquidity measured by quick ratio was 2.1 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 | 3 859.75 | 3 370.01 | |||
Gross profit | 944.40 | 1 179.79 | 1 612.22 | 1 876.69 | 1 541.85 |
EBIT | 45.55 | 198.38 | 691.99 | 528.55 | 381.11 |
Net earnings | 9.99 | 143.40 | 531.06 | 398.13 | 285.65 |
Shareholders equity total | 609.99 | 743.40 | 1 274.46 | 1 598.13 | 1 485.65 |
Balance sheet total (assets) | 2 227.19 | 1 392.34 | 1 801.32 | 2 220.63 | 2 372.71 |
Net debt | 248.09 | 200.42 | 60.37 | - 245.79 | - 671.52 |
Profitability | |||||
EBIT-% | 13.7 % | 11.3 % | |||
ROA | 1.9 % | 11.0 % | 43.3 % | 26.3 % | 16.6 % |
ROE | 1.6 % | 21.2 % | 52.6 % | 27.7 % | 18.5 % |
ROI | 2.1 % | 12.4 % | 49.4 % | 29.7 % | 19.0 % |
Economic value added (EVA) | 59.65 | 164.95 | 510.30 | 351.85 | 238.95 |
Solvency | |||||
Equity ratio | 27.4 % | 53.4 % | 70.8 % | 72.0 % | 62.6 % |
Gearing | 174.0 % | 46.5 % | 17.8 % | 12.8 % | 34.2 % |
Relative net indebtedness % | 1.1 % | -11.0 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 2.3 | 2.7 | 2.1 |
Current ratio | 1.0 | 0.9 | 2.3 | 2.7 | 2.1 |
Cash and cash equivalents | 813.46 | 145.13 | 166.70 | 449.80 | 1 179.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 61.1 | 43.7 | |||
Net working capital % | 21.3 % | 27.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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