ERIK SØRENSEN & SØN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK SØRENSEN & SØN ApS
ERIK SØRENSEN & SØN ApS (CVR number: 10766346) is a company from VALLENSBÆK. The company recorded a gross profit of -53.6 kDKK in 2024. The operating profit was -53.6 kDKK, while net earnings were 1453.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.3 %, which can be considered excellent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ERIK SØRENSEN & SØN ApS's liquidity measured by quick ratio was 41.4 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 | -39.00 | -42.00 | -52.00 | -65.00 | -53.58 |
EBIT | -39.00 | -42.00 | -52.00 | -65.00 | -53.58 |
Net earnings | 1 075.00 | 2 170.00 | -1 060.00 | 2 697.00 | 1 453.65 |
Shareholders equity total | 13 348.00 | 15 518.00 | 14 458.00 | 16 655.00 | 17 058.17 |
Balance sheet total (assets) | 15 334.00 | 17 275.00 | 15 288.00 | 16 767.00 | 17 420.13 |
Net debt | -9 710.00 | -12 575.00 | -11 223.00 | -13 748.00 | -13 471.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.9 % | 19.8 % | 7.2 % | 23.9 % | 25.3 % |
ROE | 8.4 % | 15.0 % | -7.1 % | 17.3 % | 8.6 % |
ROI | 11.2 % | 20.7 % | 7.5 % | 24.5 % | 25.7 % |
Economic value added (EVA) | - 736.68 | - 774.84 | - 859.07 | - 789.29 | - 878.45 |
Solvency | |||||
Equity ratio | 87.0 % | 89.8 % | 94.6 % | 99.3 % | 97.9 % |
Gearing | 9.1 % | 4.9 % | 1.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 19.3 | 8.4 | 14.6 | 123.0 | 41.4 |
Current ratio | 19.3 | 8.4 | 14.6 | 123.0 | 41.4 |
Cash and cash equivalents | 10 921.00 | 13 343.00 | 11 476.00 | 13 748.00 | 13 471.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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