SØBORG AUTO ELEKTRO HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 10030919
Klintebakken 6, 2690 Karlslunde
tel: 39671012

Credit rating

Company information

Official name
SØBORG AUTO ELEKTRO HOLDING A/S
Established
1973
Company form
Limited company
Industry

About SØBORG AUTO ELEKTRO HOLDING A/S

SØBORG AUTO ELEKTRO HOLDING A/S (CVR number: 10030919) is a company from GREVE. The company recorded a gross profit of 100.9 kDKK in 2023. The operating profit was 100.9 kDKK, while net earnings were -8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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. SØBORG AUTO ELEKTRO HOLDING A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales300.00870.00594.00
Gross profit64.00533.00364.00475.00100.95
EBIT100.00515.00381.00475.00100.95
Net earnings34.00370.00261.00341.00-7.96
Shareholders equity total4 560.004 920.005 171.005 502.005 483.41
Balance sheet total (assets)8 661.009 068.009 341.009 630.009 517.72
Net debt2 077.001 647.001 393.001 006.001 048.65
Profitability
EBIT-%33.3 %59.2 %64.1 %
ROA1.1 %5.8 %4.1 %5.0 %1.1 %
ROE0.7 %7.8 %5.2 %6.4 %-0.1 %
ROI1.2 %6.3 %4.5 %5.4 %1.1 %
Economic value added (EVA)- 262.5866.81-34.0442.69- 226.79
Solvency
Equity ratio52.6 %54.3 %55.4 %57.1 %57.6 %
Gearing47.4 %44.3 %41.8 %38.1 %36.2 %
Relative net indebtedness %950.3 %269.2 %345.3 %
Liquidity
Quick ratio0.20.81.11.61.4
Current ratio0.20.81.11.61.4
Cash and cash equivalents83.00533.00771.001 089.00938.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-211.7 %-17.2 %14.8 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.05%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.6%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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