SORRING MASKINHANDEL A/S

SORRING MASKINHANDEL A/S (CVR number: 20970391) is a company from SILKEBORG. The company recorded a gross profit of 16.7 mDKK in 2023. The operating profit was 6225.2 kDKK, while net earnings were 4665.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good but Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.5 %, 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. SORRING MASKINHANDEL A/S's liquidity measured by quick ratio was 0.3 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.