ERLING SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERLING SØRENSEN HOLDING ApS
ERLING SØRENSEN HOLDING ApS (CVR number: 27616771) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -21.8 kDKK in 2024. The operating profit was -21.8 kDKK, while net earnings were 3659.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERLING SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -40.18 | -29.23 | -43.36 | -33.23 | -21.80 |
EBIT | -40.18 | -29.23 | -43.36 | -33.23 | -21.80 |
Net earnings | - 645.08 | 8 184.77 | -3 313.51 | 8 724.99 | 3 659.42 |
Shareholders equity total | 27 746.16 | 35 817.93 | 32 390.01 | 40 997.20 | 44 534.62 |
Balance sheet total (assets) | 28 633.16 | 38 344.95 | 32 416.27 | 42 155.66 | 45 079.68 |
Net debt | 518.42 | 588.09 | 21.03 | ||
Profitability | |||||
EBIT-% | |||||
ROA | -2.2 % | 24.5 % | -9.3 % | 23.4 % | 8.5 % |
ROE | -2.3 % | 25.8 % | -9.7 % | 23.8 % | 8.6 % |
ROI | -2.2 % | 25.4 % | -9.6 % | 23.8 % | 8.6 % |
Economic value added (EVA) | 718.04 | 757.21 | 1 143.22 | 981.88 | 1 412.98 |
Solvency | |||||
Equity ratio | 96.9 % | 93.4 % | 99.9 % | 97.3 % | 98.8 % |
Gearing | 1.9 % | 1.6 % | 0.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.7 | 2.0 | 95.8 | 3.2 | 6.0 |
Current ratio | 3.7 | 2.0 | 95.8 | 3.2 | 6.0 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
Variable visualization
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