Rieck Sørensen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rieck Sørensen Holding ApS
Rieck Sørensen Holding ApS (CVR number: 38277545) is a company from AARHUS. The company recorded a gross profit of -3.1 kDKK in 2024. The operating profit was -3.1 kDKK, while net earnings were -15 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Rieck Sørensen Holding ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.31 | -3.91 | -6.25 | -3.13 | -3.13 |
EBIT | -4.31 | -3.91 | -6.25 | -3.13 | -3.13 |
Net earnings | 124.16 | 102.34 | 102.40 | 52.19 | -14.98 |
Shareholders equity total | 162.50 | 215.34 | 317.73 | 369.92 | 354.94 |
Balance sheet total (assets) | 240.99 | 389.78 | 581.22 | 1 054.06 | 982.70 |
Net debt | 69.68 | 165.38 | 216.16 | 647.49 | 260.94 |
Profitability | |||||
EBIT-% | |||||
ROA | 78.1 % | 33.3 % | 22.0 % | 12.6 % | 2.3 % |
ROE | 123.6 % | 54.2 % | 38.4 % | 15.2 % | -4.1 % |
ROI | 79.7 % | 33.6 % | 22.2 % | 12.7 % | 2.3 % |
Economic value added (EVA) | -8.02 | -15.86 | -25.66 | -31.56 | -55.30 |
Solvency | |||||
Equity ratio | 67.4 % | 55.2 % | 54.7 % | 35.1 % | 36.1 % |
Gearing | 46.4 % | 79.4 % | 81.9 % | 180.6 % | 175.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 1.6 | 2.2 | 1.4 | 1.3 |
Current ratio | 2.2 | 1.6 | 2.2 | 1.4 | 1.3 |
Cash and cash equivalents | 5.69 | 5.65 | 43.91 | 20.78 | 363.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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