MYGIND SØRENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29915997
Dalvangen 7, 8270 Højbjerg
Niels@mygind-sorensen.dk

Company information

Official name
MYGIND SØRENSEN ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry

About MYGIND SØRENSEN ApS

MYGIND SØRENSEN ApS (CVR number: 29915997) is a company from AARHUS. The company recorded a gross profit of -23.4 kDKK in 2023. The operating profit was -23.4 kDKK, while net earnings were 4369.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MYGIND SØRENSEN ApS's liquidity measured by quick ratio was 3801.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-45.99-17.18-17.48-27.76-23.38
EBIT- 149.50-17.65-20.01-27.76-23.38
Net earnings23 502.768 020.996 315.22-6 178.204 369.85
Shareholders equity total59 170.7565 941.7572 143.9765 851.3670 103.41
Balance sheet total (assets)59 192.7066 598.6472 162.1165 869.3670 121.41
Net debt-57 613.72-64 980.04-70 343.78-62 531.22-67 478.60
Profitability
EBIT-%
ROA51.7 %16.4 %11.6 %0.6 %8.2 %
ROE49.5 %12.8 %9.1 %-9.0 %6.4 %
ROI51.8 %16.5 %11.7 %0.6 %8.2 %
Economic value added (EVA)- 950.00-3.2134.31-16.68-89.68
Solvency
Equity ratio100.0 %99.0 %100.0 %100.0 %100.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2 628.298.93 890.43 571.13 801.4
Current ratio2 628.298.93 890.43 571.13 801.4
Cash and cash equivalents57 613.7264 980.0470 343.7862 531.2267 478.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:8.20%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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