SørensenIT ApS — Credit Rating and Financial Key Figures

CVR number: 39503557
Kantorvænget 302, 8240 Risskov

Company information

Official name
SørensenIT ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About SørensenIT ApS

SørensenIT ApS (CVR number: 39503557) is a company from AARHUS. The company recorded a gross profit of -18.4 kDKK in 2023. The operating profit was -18.4 kDKK, while net earnings were -18.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.3 %, which can be considered poor and Return on Equity (ROE) was -15 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 93.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SørensenIT ApS's liquidity measured by quick ratio was 15 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 profit702.49438.81249.7682.87-18.38
EBIT409.44-40.21-65.03-38.91-18.38
Net earnings320.57-40.25-66.48-40.07-18.38
Shareholders equity total364.92324.66258.19161.1283.84
Balance sheet total (assets)487.96353.52340.41167.1289.84
Net debt- 244.21- 353.13- 131.80- 166.74-89.84
Profitability
EBIT-%
ROA153.8 %-9.6 %-18.7 %-15.3 %-14.3 %
ROE156.7 %-11.7 %-22.8 %-19.1 %-15.0 %
ROI199.4 %-11.6 %-22.3 %-18.6 %-15.0 %
Economic value added (EVA)320.02-44.99-63.60-45.26-20.96
Solvency
Equity ratio74.8 %91.8 %75.8 %96.4 %93.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.012.24.127.915.0
Current ratio4.012.24.127.915.0
Cash and cash equivalents244.21353.13131.80166.7489.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBCC

Variable visualization

ROA:-14.3%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.3%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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