M. SØRENSEN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 28866992
Dyrehavevej 24, 2930 Klampenborg

Company information

Official name
M. SØRENSEN HOLDING A/S
Established
2005
Company form
Limited company
Industry

About M. SØRENSEN HOLDING A/S

M. SØRENSEN HOLDING A/S (CVR number: 28866992) is a company from GENTOFTE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 498.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.2 %, which can be considered excellent and Return on Equity (ROE) was 47.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. SØRENSEN HOLDING A/S'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
EBIT-14.34
Net earnings-9.35-11.64262.89498.14
Shareholders equity total562.05579.99693.08942.541 168.10
Balance sheet total (assets)595.01579.99693.08942.541 168.10
Net debt- 110.76-95.75- 208.83- 195.40- 185.71
Profitability
EBIT-%
ROA4.4 %32.1 %47.2 %
ROE-1.6 %-2.0 %32.1 %47.2 %
ROI-1.5 %32.1 %47.2 %
Economic value added (EVA)-36.16-22.68-24.33-24.33-28.52
Solvency
Equity ratio94.5 %100.0 %100.0 %100.0 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio18.1
Current ratio18.1
Cash and cash equivalents110.7695.75208.83195.40185.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:47.2%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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