ERLING K. SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27679781
Ahornvej 27, 9632 Møldrup
erling.k.sorensen@mail.dk
tel: 21726871
Free credit report Annual report

Credit rating

Company information

Official name
ERLING K. SØRENSEN HOLDING ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry

About ERLING K. SØRENSEN HOLDING ApS

ERLING K. SØRENSEN HOLDING ApS (CVR number: 27679781) is a company from VIBORG. The company recorded a gross profit of -21.5 kDKK in 2024. The operating profit was -106.2 kDKK, while net earnings were -59.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERLING K. SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 3.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-9.50-10.00-12.25-15.00-21.46
EBIT-9.50-10.00-12.25-22.20- 106.16
Net earnings354.49771.0335.94137.35-59.25
Shareholders equity total2 015.782 673.812 595.342 514.892 333.64
Balance sheet total (assets)2 210.862 840.572 693.402 725.702 773.60
Net debt- 890.81-1 085.87-1 164.06-1 251.71-1 383.33
Profitability
EBIT-%
ROA18.8 %33.0 %1.9 %6.8 %-0.8 %
ROE18.7 %32.9 %1.4 %5.4 %-2.4 %
ROI19.8 %35.0 %2.0 %7.0 %-0.9 %
Economic value added (EVA)-98.50- 110.84- 145.97- 152.09- 237.23
Solvency
Equity ratio91.2 %94.1 %96.4 %92.3 %84.1 %
Gearing1.7 %1.4 %3.3 %3.7 %4.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.88.213.87.13.8
Current ratio5.88.213.87.13.8
Cash and cash equivalents925.591 124.321 250.871 345.061 482.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-0.80%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.1%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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