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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 -206.7 kDKK in 2024. The operating profit was 783.1 kDKK, while net earnings were 576.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. SØBORG AUTO ELEKTRO HOLDING A/S's liquidity measured by quick ratio was 3.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 870.00 | 594.00 | |||
| Gross profit | 533.00 | 364.00 | 475.00 | 102.00 | - 206.72 |
| EBIT | 515.00 | 381.00 | 475.00 | 102.00 | 783.10 |
| Net earnings | 370.00 | 261.00 | 341.00 | -8.00 | 576.91 |
| Shareholders equity total | 4 920.00 | 5 171.00 | 5 502.00 | 5 483.00 | 6 050.31 |
| Balance sheet total (assets) | 9 068.00 | 9 341.00 | 9 630.00 | 9 517.00 | 8 193.46 |
| Net debt | 1 647.00 | 1 393.00 | 1 006.00 | 1 049.00 | -7 999.22 |
| Profitability | |||||
| EBIT-% | 59.2 % | 64.1 % | |||
| ROA | 5.8 % | 4.1 % | 5.0 % | 1.1 % | 8.8 % |
| ROE | 7.8 % | 5.2 % | 6.4 % | -0.1 % | 10.0 % |
| ROI | 6.3 % | 4.5 % | 5.4 % | 1.1 % | 10.5 % |
| Economic value added (EVA) | 3.99 | - 124.79 | -67.36 | - 363.24 | 330.45 |
| Solvency | |||||
| Equity ratio | 54.3 % | 55.4 % | 57.1 % | 57.6 % | 73.8 % |
| Gearing | 44.3 % | 41.8 % | 38.1 % | 36.2 % | |
| Relative net indebtedness % | 269.2 % | 345.3 % | |||
| Liquidity | |||||
| Quick ratio | 0.8 | 1.1 | 1.6 | 1.4 | 3.8 |
| Current ratio | 0.8 | 1.1 | 1.6 | 1.4 | 3.8 |
| Cash and cash equivalents | 533.00 | 771.00 | 1 089.00 | 938.00 | 7 999.22 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -17.2 % | 14.8 % | |||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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