SØRENSEN HOLDING GRENAA ApS — Credit Rating and Financial Key Figures

CVR number: 34696128
Solsikkevej 22, 8500 Grenaa
tel: 40602380

Credit rating

Company information

Official name
SØRENSEN HOLDING GRENAA ApS
Established
2012
Company form
Private limited company
Industry
  • Expand more icon702000

About SØRENSEN HOLDING GRENAA ApS

SØRENSEN HOLDING GRENAA ApS (CVR number: 34696128) is a company from NORDDJURS. The company recorded a gross profit of 93 kDKK in 2023. The operating profit was 75.8 kDKK, while net earnings were 3532.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 55.3 %, which can be considered excellent and Return on Equity (ROE) was 59 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØRENSEN HOLDING GRENAA ApS's liquidity measured by quick ratio was 52.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit135.0060.00120.0093.00
EBIT129.8837.71-21.76107.6775.81
Net earnings105.87226.282 482.92263.283 532.92
Shareholders equity total1 448.411 619.684 046.104 252.187 726.20
Balance sheet total (assets)1 532.121 712.884 142.095 081.657 818.62
Net debt- 695.41- 857.91-1 881.73-1 307.40-4 636.66
Profitability
EBIT-%
ROA9.7 %15.8 %86.2 %12.7 %55.3 %
ROE7.5 %14.8 %87.6 %6.3 %59.0 %
ROI11.0 %16.7 %89.1 %12.9 %56.1 %
Economic value added (EVA)94.30-9.66-53.791.42107.58
Solvency
Equity ratio94.5 %94.6 %97.7 %83.7 %98.8 %
Gearing17.5 %
Relative net indebtedness %
Liquidity
Quick ratio18.018.142.92.552.4
Current ratio18.018.142.92.552.4
Cash and cash equivalents695.41857.911 881.732 051.244 636.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:55.3%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 82/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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