Søvig Agro ApS — Credit Rating and Financial Key Figures

Søvig Agro ApS (CVR number: 36705663) is a company from VARDE. The company recorded a gross profit of 209.4 kDKK in 2016. The operating profit was 26 kDKK, while net earnings were 5.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 3.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Søvig Agro ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.