SJØRRING VOGN A/S — Credit Rating and Financial Key Figures

SJØRRING VOGN A/S (CVR number: 34597383) is a company from THISTED. The company recorded a gross profit of 2188.7 kDKK in 2019. The operating profit was -71.6 kDKK, while net earnings were -100.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -3.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.3 %, 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. SJØRRING VOGN A/S's liquidity measured by quick ratio was 2.8 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.