SØGAARD FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 20432691
Låsbyvej 21, 8464 Galten
nebbegaard@gefiberpost.dk

Credit rating

Company information

Official name
SØGAARD FINANS ApS
Established
1997
Company form
Private limited company
Industry

About SØGAARD FINANS ApS

SØGAARD FINANS ApS (CVR number: 20432691) is a company from SKANDERBORG. The company recorded a gross profit of -9.8 kDKK in 2023. The operating profit was -9.8 kDKK, while net earnings were -6958.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.3 %, which can be considered poor and Return on Equity (ROE) was -28.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØGAARD FINANS ApS's liquidity measured by quick ratio was 0 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 profit-5.63-6.25-7.05-6.25-9.75
EBIT-5.63-6.25-7.05-6.25-9.75
Net earnings-3 924.032 006.012 901.08-1 680.16-6 958.72
Shareholders equity total20 125.6021 845.1726 119.2126 916.5821 841.25
Balance sheet total (assets)22 837.3024 617.4829 003.0728 799.5023 779.76
Net debt2 706.052 765.842 283.601 876.571 930.33
Profitability
EBIT-%
ROA-18.4 %8.7 %11.2 %-5.5 %-26.3 %
ROE-21.4 %9.6 %12.1 %-6.3 %-28.5 %
ROI-19.6 %8.7 %11.2 %-5.5 %-26.3 %
Economic value added (EVA)850.681 037.591 109.181 326.221 292.04
Solvency
Equity ratio88.1 %88.7 %90.1 %93.5 %91.8 %
Gearing13.4 %12.7 %11.0 %7.0 %8.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.20.00.0
Current ratio0.00.10.20.00.0
Cash and cash equivalents0.010.22594.020.100.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAABBBBBB

Variable visualization

ROA:-26.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.8%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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