Søren Worm Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 | -32.59 | 179.74 | 185.14 | 52.10 |
Shareholders equity total | 7.41 | 187.14 | 372.28 | 424.39 |
Balance sheet total (assets) | 539.81 | 556.95 | 573.80 | 579.73 |
Net debt | 150.19 | 133.05 | -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) | -2.00 | 24.25 | 16.08 | 7.00 |
Solvency | ||||
Equity ratio | 1.4 % | 33.6 % | 64.9 % | 73.2 % |
Gearing | 2430.5 % | 96.2 % | 13.4 % | 11.8 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.2 | 0.3 | 1.2 | 1.3 |
Current ratio | 0.2 | 0.3 | 1.2 | 1.3 |
Cash and cash equivalents | 29.81 | 46.95 | 63.80 | 69.73 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | A | BBB |
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