I. & A. Sørensen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About I. & A. Sørensen Holding ApS
I. & A. Sørensen Holding ApS (CVR number: 37454796) is a company from HEDENSTED. The company recorded a gross profit of -15.6 kDKK in 2023. The operating profit was -389 kDKK, while net earnings were 0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. I. & A. Sørensen Holding ApS's liquidity measured by quick ratio was 260.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.06 | 47.59 | -44.10 | - 146.29 | -15.64 |
EBIT | - 346.95 | - 260.34 | - 317.32 | - 490.42 | - 389.03 |
Net earnings | 1 473.41 | 5 969.01 | 795.24 | - 634.71 | 0.59 |
Shareholders equity total | 21 355.33 | 24 624.34 | 22 919.58 | 20 284.88 | 19 285.46 |
Balance sheet total (assets) | 21 534.70 | 25 001.58 | 23 105.81 | 20 386.23 | 19 393.72 |
Net debt | -10 354.08 | -21 079.82 | -20 120.38 | -17 010.42 | -16 250.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.1 % | 26.7 % | 4.9 % | -0.1 % | 1.6 % |
ROE | 7.1 % | 26.0 % | 3.3 % | -2.9 % | 0.0 % |
ROI | 8.2 % | 26.9 % | 5.0 % | -0.1 % | 1.6 % |
Economic value added (EVA) | - 555.38 | - 372.70 | - 433.07 | - 451.71 | - 440.75 |
Solvency | |||||
Equity ratio | 99.2 % | 98.5 % | 99.2 % | 99.5 % | 99.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 187.1 | 86.2 | 259.5 | 223.4 | 260.1 |
Current ratio | 187.1 | 86.2 | 259.5 | 223.4 | 260.1 |
Cash and cash equivalents | 10 354.08 | 21 079.82 | 20 120.38 | 17 010.42 | 16 250.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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