VVS FIRMA JØRGEN CHR. SØRENSEN. ApS
Credit rating
Company information
About VVS FIRMA JØRGEN CHR. SØRENSEN. ApS
VVS FIRMA JØRGEN CHR. SØRENSEN. ApS (CVR number: 59654411) is a company from FANØ. The company recorded a gross profit of 207 kDKK in 2023. The operating profit was -203.9 kDKK, while net earnings were -241.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8 %, which can be considered poor and Return on Equity (ROE) was -24 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VVS FIRMA JØRGEN CHR. SØRENSEN. ApS's liquidity measured by quick ratio was 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 564.42 | 483.76 | 239.49 | 276.29 | 206.98 |
EBIT | 79.04 | -62.11 | - 191.03 | - 176.86 | - 203.87 |
Net earnings | 8.81 | - 103.25 | - 173.11 | - 273.75 | - 241.79 |
Shareholders equity total | 2 076.16 | 1 862.32 | 1 576.21 | 1 188.06 | 828.47 |
Balance sheet total (assets) | 3 556.82 | 3 324.70 | 3 037.13 | 2 693.60 | 2 337.97 |
Net debt | 124.76 | 216.82 | 483.55 | 511.21 | 631.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.4 % | -1.7 % | -6.0 % | -6.1 % | -8.0 % |
ROE | 0.4 % | -5.2 % | -10.1 % | -19.8 % | -24.0 % |
ROI | 2.6 % | -1.7 % | -6.3 % | -6.7 % | -9.2 % |
Economic value added (EVA) | -36.15 | - 173.89 | - 246.56 | - 323.77 | - 282.11 |
Solvency | |||||
Equity ratio | 58.4 % | 56.0 % | 51.9 % | 44.1 % | 35.4 % |
Gearing | 64.3 % | 69.6 % | 79.6 % | 102.2 % | 141.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.9 | 5.9 | 3.9 | 2.4 | 1.5 |
Current ratio | 6.9 | 5.9 | 3.9 | 2.4 | 1.5 |
Cash and cash equivalents | 1 210.32 | 1 078.85 | 771.84 | 703.01 | 540.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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