Mikkel Hermann Sørensen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Mikkel Hermann Sørensen Holding ApS
Mikkel Hermann Sørensen Holding ApS (CVR number: 40359486) is a company from KØBENHAVN. The company recorded a gross profit of -8.1 kDKK in 2023. The operating profit was -8.1 kDKK, while net earnings were 99.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Mikkel Hermann Sørensen Holding ApS's liquidity measured by quick ratio was 59.1 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 | -5.60 | -7.55 | -7.11 | -7.31 | -8.12 |
EBIT | -5.60 | -7.55 | -7.11 | -7.31 | -8.12 |
Net earnings | 89.13 | 55.05 | 237.74 | 59.58 | 99.06 |
Shareholders equity total | 139.13 | 194.18 | 431.91 | 491.49 | 590.56 |
Balance sheet total (assets) | 797.63 | 1 314.54 | 1 497.26 | 1 574.79 | 1 658.39 |
Net debt | - 107.05 | -94.87 | - 287.76 | - 262.31 | - 448.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.2 % | 7.9 % | 19.5 % | 6.2 % | 9.2 % |
ROE | 64.1 % | 33.0 % | 75.9 % | 12.9 % | 18.3 % |
ROI | 43.3 % | 18.7 % | 37.2 % | 14.2 % | 27.4 % |
Economic value added (EVA) | -4.82 | -8.67 | -12.01 | -14.55 | -19.64 |
Solvency | |||||
Equity ratio | 17.4 % | 14.8 % | 28.8 % | 31.2 % | 35.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.5 | 26.5 | 59.1 |
Current ratio | 0.2 | 0.1 | 0.5 | 26.5 | 59.1 |
Cash and cash equivalents | 107.05 | 94.87 | 287.76 | 262.31 | 448.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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