Søvind Auto ApS — Credit Rating and Financial Key Figures

Søvind Auto ApS (CVR number: 44117762) is a company from HORSENS. The company recorded a gross profit of 159.5 kDKK in 2023. The operating profit was 61.3 kDKK, while net earnings were 42.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Søvind Auto ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.