TH. SØRENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 33756739
Amagerbrogade 41, 2300 København S

Credit rating

Company information

Official name
TH. SØRENSEN ApS
Personnel
24 persons
Established
2011
Company form
Private limited company
Industry

About TH. SØRENSEN ApS

TH. SØRENSEN ApS (CVR number: 33756739) is a company from KØBENHAVN. The company recorded a gross profit of 5261 kDKK in 2024. The operating profit was 152.6 kDKK, while net earnings were 115.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. TH. SØRENSEN ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit5 135.005 185.004 978.004 839.005 261.04
EBIT37.00722.00-41.00-10.00152.64
Net earnings18.00543.00-46.00-8.00115.61
Shareholders equity total888.001 357.001 196.001 071.001 064.14
Balance sheet total (assets)2 899.003 365.002 973.002 941.002 920.69
Net debt-1 672.00-1 878.00-1 659.00-1 815.00-1 773.62
Profitability
EBIT-%
ROA1.3 %23.1 %-1.3 %-0.1 %5.5 %
ROE1.9 %48.4 %-3.6 %-0.7 %10.8 %
ROI3.4 %59.1 %-2.9 %-0.2 %14.3 %
Economic value added (EVA)-30.79510.77- 105.28-72.0761.14
Solvency
Equity ratio30.6 %40.3 %40.2 %36.4 %36.4 %
Gearing0.8 %0.5 %0.6 %0.8 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.31.21.21.2
Current ratio1.11.41.31.31.3
Cash and cash equivalents1 679.001 885.001 666.001 824.001 782.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.48%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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