Rieck Sørensen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38277545
Hjortshøjvangen 34, 8530 Hjortshøj

Credit rating

Company information

Official name
Rieck Sørensen Holding ApS
Established
2016
Company form
Private limited company
Industry

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 2023. The operating profit was -3.1 kDKK, while net earnings were 52.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.1 %, 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 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-3.25-4.31-3.91-6.25-3.13
EBIT-3.25-4.31-3.91-6.25-3.13
Net earnings47.23124.16102.34102.4052.19
Shareholders equity total38.34162.50215.34317.73369.92
Balance sheet total (assets)76.84240.99389.78581.221 054.06
Net debt35.3769.68165.38216.16647.49
Profitability
EBIT-%
ROA87.8 %78.1 %33.3 %22.0 %12.6 %
ROE149.1 %123.6 %54.2 %38.4 %15.2 %
ROI131.8 %79.7 %33.6 %22.2 %12.7 %
Economic value added (EVA)-1.55-4.98-6.96-11.51-11.51
Solvency
Equity ratio49.9 %67.4 %55.2 %54.7 %35.1 %
Gearing92.2 %46.4 %79.4 %81.9 %180.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.21.62.21.4
Current ratio1.32.21.62.21.4
Cash and cash equivalents5.695.6543.9120.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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