SØRENSEN INVEST III ApS — Credit Rating and Financial Key Figures

CVR number: 31948347
Fabersvej 14, 7100 Vejle

Company information

Official name
SØRENSEN INVEST III ApS
Established
2009
Company form
Private limited company
Industry

About SØRENSEN INVEST III ApS

SØRENSEN INVEST III ApS (CVR number: 31948347) is a company from VEJLE. The company recorded a gross profit of 186.6 kDKK in 2022. The operating profit was 386.6 kDKK, while net earnings were 271 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54 %, 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. SØRENSEN INVEST III 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit205.70181.16192.43186.55186.56
EBIT205.70181.16192.43186.55386.56
Net earnings137.21121.04129.94126.89271.03
Shareholders equity total1 257.221 378.261 508.201 635.091 906.12
Balance sheet total (assets)3 270.303 284.823 331.743 339.113 531.38
Net debt1 658.031 557.371 458.741 329.811 195.92
Profitability
EBIT-%
ROA6.4 %5.7 %5.9 %5.7 %11.5 %
ROE11.5 %9.2 %9.0 %8.1 %15.3 %
ROI6.5 %5.7 %6.0 %5.8 %11.6 %
Economic value added (EVA)26.815.5512.265.74159.31
Solvency
Equity ratio38.4 %42.0 %45.3 %49.0 %54.0 %
Gearing138.9 %119.6 %103.8 %88.2 %69.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.61.01.5
Current ratio0.40.40.61.01.5
Cash and cash equivalents88.2791.47107.00111.93121.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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