Søren Worm Holding ApS — Credit Rating and Financial Key Figures

CVR number: 41128909
Kirsebærvænget 9, 9620 Aalestrup
soren_worm@hotmail.com

Credit rating

Company information

Official name
Søren Worm Holding ApS
Established
2020
Company form
Private limited company
Industry

About Søren Worm Holding ApS

Søren Worm Holding ApS (CVR number: 41128909) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -3.1 kDKK in 2023. The operating profit was -3.1 kDKK, while net earnings were 52.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Søren Worm 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.00-2.50-2.50-3.13
EBIT-2.00-2.50-2.50-3.13
Net earnings-32.59179.74185.1452.10
Shareholders equity total7.41187.14372.28424.39
Balance sheet total (assets)539.81556.95573.80579.73
Net debt150.19133.05-13.80-19.73
Profitability
EBIT-%
ROA-0.4 %36.0 %34.9 %10.3 %
ROE-440.1 %184.8 %66.2 %13.1 %
ROI-0.4 %36.1 %35.1 %10.4 %
Economic value added (EVA)-2.0024.2516.087.00
Solvency
Equity ratio1.4 %33.6 %64.9 %73.2 %
Gearing2430.5 %96.2 %13.4 %11.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.31.21.3
Current ratio0.20.31.21.3
Cash and cash equivalents29.8146.9563.8069.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBB

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.2%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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