Søvang Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 39677474
Søvang 10, Ll Fuglede 4490 Jerslev Sjælland

Credit rating

Company information

Official name
Søvang Ejendomme ApS
Established
2018
Domicile
Ll Fuglede
Company form
Private limited company
Industry

About Søvang Ejendomme ApS

Søvang Ejendomme ApS (CVR number: 39677474) is a company from KALUNDBORG. The company recorded a gross profit of 158.3 kDKK in 2023. The operating profit was 93.3 kDKK, while net earnings were 69.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. Søvang Ejendomme ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit350.99357.79223.3912.91158.34
EBIT301.14303.92158.39-52.0993.34
Net earnings184.59192.7061.11-61.6469.94
Shareholders equity total2 046.252 038.952 100.061 920.621 868.56
Balance sheet total (assets)3 281.363 432.254 127.054 153.744 167.54
Net debt272.00245.25-74.40-47.07- 182.99
Profitability
EBIT-%
ROA9.6 %9.1 %4.2 %-1.3 %2.2 %
ROE9.4 %9.4 %3.0 %-3.1 %3.7 %
ROI13.2 %12.9 %7.1 %-2.6 %4.9 %
Economic value added (EVA)107.86106.82-14.05- 132.35-21.34
Solvency
Equity ratio62.4 %59.4 %50.9 %46.2 %44.8 %
Gearing15.6 %14.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio0.00.00.00.10.1
Cash and cash equivalents46.3850.0074.4047.07182.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.24%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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