Søren Vase Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37422630
Hyldegaardsvej 3, 7120 Vejle Øst

Company information

Official name
Søren Vase Holding ApS
Personnel
1 person
Established
2015
Company form
Private limited company
Industry

About Søren Vase Holding ApS

Søren Vase Holding ApS (CVR number: 37422630) is a company from VEJLE. The company reported a net sales of -1.5 mDKK in 2023, demonstrating a decline of -270.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -2 mDKK), while net earnings were -1485 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.6 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Søren Vase Holding ApS's liquidity measured by quick ratio was 83.7 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales5 229.0012 822.0028 234.00906.00-1 543.14
Gross profit5 203.0012 811.0028 226.00871.00-1 577.07
EBIT5 143.0012 718.0028 002.00550.00-2 025.81
Net earnings5 142.0012 746.0028 514.00733.00-1 484.95
Shareholders equity total45 000.0057 905.0085 170.0082 903.0079 417.23
Balance sheet total (assets)45 324.0057 999.0085 594.0083 314.0079 833.65
Net debt-1.00- 645.00-11 457.00-10 409.00-10 336.57
Profitability
EBIT-%98.4 %99.2 %99.2 %60.7 %
ROA12.0 %24.7 %39.7 %0.9 %-1.6 %
ROE12.0 %24.8 %39.9 %0.9 %-1.8 %
ROI12.0 %24.8 %39.9 %0.9 %-1.6 %
Economic value added (EVA)6 934.6214 753.4330 630.432 518.63- 300.12
Solvency
Equity ratio99.3 %99.8 %99.5 %99.5 %99.5 %
Gearing
Relative net indebtedness %6.2 %-4.3 %-39.1 %-1103.5 %642.9 %
Liquidity
Quick ratio0.06.962.559.383.7
Current ratio0.06.962.559.383.7
Cash and cash equivalents1.00645.0011 457.0010 409.0010 336.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-6.2 %1.3 %77.9 %2184.7 %-2115.2 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:-1.56%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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