RIIS SØRENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 15505389
Aavej 15, 4800 Nykøbing F
kriis@tdcadsl.dk
tel: 61688981

Company information

Official name
RIIS SØRENSEN ApS
Personnel
1 person
Established
1991
Company form
Private limited company
Industry

About RIIS SØRENSEN ApS

RIIS SØRENSEN ApS (CVR number: 15505389) is a company from GULDBORGSUND. The company recorded a gross profit of 340.2 kDKK in 2023. The operating profit was 11.3 kDKK, while net earnings were 11.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RIIS SØRENSEN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales378.91
Gross profit264.57278.19333.41332.67340.16
EBIT-31.10-18.17-37.4457.3511.32
Net earnings-31.10-18.18-37.8156.8311.32
Shareholders equity total-18.77-36.95-74.76-17.93-6.61
Balance sheet total (assets)138.77142.21128.85271.15159.75
Net debt82.2065.95147.27172.7067.05
Profitability
EBIT-%-8.2 %
ROA-23.1 %-10.8 %-19.6 %23.3 %5.0 %
ROE-41.2 %-12.9 %-27.9 %28.4 %5.3 %
ROI-25.8 %-12.8 %-23.5 %25.4 %5.5 %
Economic value added (EVA)-28.65-14.23-31.7162.5117.46
Solvency
Equity ratio-11.9 %-20.6 %-36.7 %-6.2 %-4.0 %
Gearing-755.9 %-386.9 %-234.4 %-1545.3 %-2073.8 %
Relative net indebtedness %25.8 %
Liquidity
Quick ratio0.60.50.40.80.6
Current ratio0.60.50.40.80.6
Cash and cash equivalents59.7177.0127.94104.3370.07
Capital use efficiency
Trade debtors turnover (days)26.1
Net working capital %-18.7 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:4.97%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-3.97%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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