FINN D. SØRENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 32267416
Ydertoften 44, Lind 7400 Herning
tel: 40357630

Credit rating

Company information

Official name
FINN D. SØRENSEN ApS
Established
2009
Domicile
Lind
Company form
Private limited company
Industry

About FINN D. SØRENSEN ApS

FINN D. SØRENSEN ApS (CVR number: 32267416) is a company from HERNING. The company recorded a gross profit of 211.6 kDKK in 2023. The operating profit was 134.6 kDKK, while net earnings were 130.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 74.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. FINN D. SØRENSEN ApS's liquidity measured by quick ratio was 1.8 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 profit177.28159.18172.97210.46211.58
EBIT107.6389.53103.32140.81134.60
Net earnings84.6757.5283.9527.61130.32
Shareholders equity total1 973.912 031.432 115.392 142.992 273.31
Balance sheet total (assets)3 607.853 557.093 573.663 385.543 038.53
Net debt107.79-31.17-84.86- 215.31- 393.63
Profitability
EBIT-%
ROA3.8 %3.0 %3.9 %4.5 %5.2 %
ROE4.4 %2.9 %4.0 %1.3 %5.9 %
ROI3.9 %3.1 %4.1 %4.7 %5.4 %
Economic value added (EVA)-92.39- 106.07-91.17-64.52-59.95
Solvency
Equity ratio54.7 %57.1 %59.2 %63.3 %74.8 %
Gearing51.9 %44.5 %42.2 %32.1 %8.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.91.01.11.8
Current ratio0.80.91.01.11.8
Cash and cash equivalents916.35935.24977.19902.99582.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.20%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.8%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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