ERIK SØRENSEN & SØN ApS — Credit Rating and Financial Key Figures

CVR number: 10766346
Nørrebred 206, 2625 Vallensbæk
tel: 43620057
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Company information

Official name
ERIK SØRENSEN & SØN ApS
Established
1987
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings1 075.002 170.00-1 060.002 697.001 453.65
Shareholders equity total13 348.0015 518.0014 458.0016 655.0017 058.17
Balance sheet total (assets)15 334.0017 275.0015 288.0016 767.0017 420.13
Net debt-9 710.00-12 575.00-11 223.00-13 748.00-13 471.53
Profitability
EBIT-%
ROA10.9 %19.8 %7.2 %23.9 %25.3 %
ROE8.4 %15.0 %-7.1 %17.3 %8.6 %
ROI11.2 %20.7 %7.5 %24.5 %25.7 %
Economic value added (EVA)- 736.68- 774.84- 859.07- 789.29- 878.45
Solvency
Equity ratio87.0 %89.8 %94.6 %99.3 %97.9 %
Gearing9.1 %4.9 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio19.38.414.6123.041.4
Current ratio19.38.414.6123.041.4
Cash and cash equivalents10 921.0013 343.0011 476.0013 748.0013 471.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:25.3%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.9%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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