Sovino Brands ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sovino Brands ApS
Sovino Brands ApS (CVR number: 36476826) is a company from KØBENHAVN. The company recorded a gross profit of -1259.9 kDKK in 2024. The operating profit was -8072.7 kDKK, while net earnings were 2334.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Sovino Brands ApS's liquidity measured by quick ratio was 1.2 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 127.57 | -1 220.63 | -1 624.50 | -1 197.47 | -1 259.94 |
EBIT | -4 456.86 | -5 124.81 | -6 883.03 | -7 863.59 | -8 072.67 |
Net earnings | -7 650.54 | 7 764.94 | 9 566.32 | 5 727.36 | 2 334.77 |
Shareholders equity total | 80 465.71 | 88 230.65 | 82 796.97 | 96 524.33 | 118 859.10 |
Balance sheet total (assets) | 195 144.25 | 232 081.33 | 220 084.89 | 253 588.68 | 256 032.18 |
Net debt | 112 181.51 | 98 370.19 | 129 876.15 | 149 481.36 | 128 223.70 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.1 % | 4.8 % | 6.5 % | 6.5 % | 4.9 % |
ROE | -9.1 % | 9.2 % | 11.2 % | 6.4 % | 2.2 % |
ROI | -2.1 % | 5.0 % | 6.8 % | 6.7 % | 5.0 % |
Economic value added (EVA) | -14 016.77 | -12 697.93 | -16 499.87 | -16 847.39 | -18 585.35 |
Solvency | |||||
Equity ratio | 41.2 % | 38.0 % | 37.6 % | 38.1 % | 46.4 % |
Gearing | 139.5 % | 150.3 % | 156.9 % | 154.9 % | 107.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.1 | 0.9 | 1.0 | 1.2 |
Current ratio | 0.9 | 1.1 | 0.9 | 1.0 | 1.2 |
Cash and cash equivalents | 36.51 | 34 258.68 | 16.35 | 40.82 | 51.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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