SØBORG AUTO ELEKTRO HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 300.00 | 870.00 | 594.00 | ||
Gross profit | 64.00 | 533.00 | 364.00 | 475.00 | 100.95 |
EBIT | 100.00 | 515.00 | 381.00 | 475.00 | 100.95 |
Net earnings | 34.00 | 370.00 | 261.00 | 341.00 | -7.96 |
Shareholders equity total | 4 560.00 | 4 920.00 | 5 171.00 | 5 502.00 | 5 483.41 |
Balance sheet total (assets) | 8 661.00 | 9 068.00 | 9 341.00 | 9 630.00 | 9 517.72 |
Net debt | 2 077.00 | 1 647.00 | 1 393.00 | 1 006.00 | 1 048.65 |
Profitability | |||||
EBIT-% | 33.3 % | 59.2 % | 64.1 % | ||
ROA | 1.1 % | 5.8 % | 4.1 % | 5.0 % | 1.1 % |
ROE | 0.7 % | 7.8 % | 5.2 % | 6.4 % | -0.1 % |
ROI | 1.2 % | 6.3 % | 4.5 % | 5.4 % | 1.1 % |
Economic value added (EVA) | - 262.58 | 66.81 | -34.04 | 42.69 | - 226.79 |
Solvency | |||||
Equity ratio | 52.6 % | 54.3 % | 55.4 % | 57.1 % | 57.6 % |
Gearing | 47.4 % | 44.3 % | 41.8 % | 38.1 % | 36.2 % |
Relative net indebtedness % | 950.3 % | 269.2 % | 345.3 % | ||
Liquidity | |||||
Quick ratio | 0.2 | 0.8 | 1.1 | 1.6 | 1.4 |
Current ratio | 0.2 | 0.8 | 1.1 | 1.6 | 1.4 |
Cash and cash equivalents | 83.00 | 533.00 | 771.00 | 1 089.00 | 938.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -211.7 % | -17.2 % | 14.8 % | ||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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