SORDAHL HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 36436433
Sortedam Dossering 53 A, 2100 København Ø
morten@sordahl.dk
tel: 31701108

Credit rating

Company information

Official name
SORDAHL HOLDING ApS
Established
2014
Company form
Private limited company
Industry

About SORDAHL HOLDING ApS

SORDAHL HOLDING ApS (CVR number: 36436433) is a company from KØBENHAVN. The company recorded a gross profit of 135.1 kDKK in 2023. The operating profit was 77.7 kDKK, while net earnings were 101.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 19.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. SORDAHL HOLDING ApS's liquidity measured by quick ratio was 12.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit97.34102.39117.30117.34135.11
EBIT39.9645.0059.9159.9577.73
Net earnings-77.06- 357.80- 245.84- 448.72101.75
Shareholders equity total2 242.791 884.981 639.151 190.421 292.17
Balance sheet total (assets)7 613.237 320.237 075.366 627.626 720.75
Net debt4 902.144 901.054 925.134 876.194 793.05
Profitability
EBIT-%
ROA-0.4 %-2.1 %-1.7 %-3.6 %3.2 %
ROE-3.3 %-17.3 %-14.0 %-31.7 %8.2 %
ROI-0.4 %-2.1 %-1.7 %-3.6 %3.2 %
Economic value added (EVA)- 256.64- 244.86- 240.17- 251.47- 220.83
Solvency
Equity ratio29.5 %25.8 %23.2 %18.0 %19.2 %
Gearing239.0 %287.8 %331.0 %455.9 %419.3 %
Relative net indebtedness %
Liquidity
Quick ratio13.111.010.89.212.8
Current ratio13.111.010.89.212.8
Cash and cash equivalents458.30524.20501.09551.00625.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.15%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.2%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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