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Tømrerfirmaet Th. Søgaard A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tømrerfirmaet Th. Søgaard A/S
Tømrerfirmaet Th. Søgaard A/S (CVR number: 38149040) is a company from HERNING. The company recorded a gross profit of 3487.3 kDKK in 2025. The operating profit was -348.9 kDKK, while net earnings were -427 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.4 %, which can be considered poor and Return on Equity (ROE) was -19.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60 %, 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. Tømrerfirmaet Th. Søgaard A/S's liquidity measured by quick ratio was 2.4 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 5 801.30 | 8 718.49 | 5 587.41 | 6 432.70 | 3 487.31 |
| EBIT | -1 297.23 | 1 352.88 | 638.03 | 447.18 | - 348.93 |
| Net earnings | -1 134.19 | 911.78 | 316.51 | 154.73 | - 426.99 |
| Shareholders equity total | 1 340.45 | 2 252.24 | 2 450.95 | 2 483.68 | 1 921.69 |
| Balance sheet total (assets) | 3 881.76 | 5 300.93 | 5 936.02 | 4 191.16 | 3 202.66 |
| Net debt | 1 240.05 | 262.66 | - 463.44 | - 363.60 | - 329.58 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -17.7 % | 29.5 % | 11.4 % | 8.9 % | -9.4 % |
| ROE | -49.7 % | 50.8 % | 13.5 % | 6.3 % | -19.4 % |
| ROI | -31.1 % | 53.1 % | 25.7 % | 18.2 % | -15.8 % |
| Economic value added (EVA) | -1 302.25 | 924.18 | 345.86 | 215.26 | - 398.09 |
| Solvency | |||||
| Equity ratio | 34.5 % | 42.5 % | 41.3 % | 59.9 % | 60.0 % |
| Gearing | 92.5 % | 11.7 % | 1.2 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 1.6 | 1.5 | 2.2 | 2.4 |
| Current ratio | 1.1 | 1.6 | 1.5 | 2.1 | 2.4 |
| Cash and cash equivalents | 463.44 | 363.60 | 353.43 | ||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | B | BB | BB | BB | BB |
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