MORTEN SØRENSEN. THORNING ApS — Credit Rating and Financial Key Figures

CVR number: 77767010
Lokesvej 4, 8800 Viborg

Credit rating

Company information

Official name
MORTEN SØRENSEN. THORNING ApS
Established
1985
Company form
Private limited company
Industry

About MORTEN SØRENSEN. THORNING ApS

MORTEN SØRENSEN. THORNING ApS (CVR number: 77767010) is a company from VIBORG. The company recorded a gross profit of -11.1 kDKK in 2017. The operating profit was -11.1 kDKK, while net earnings were 74.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MORTEN SØRENSEN. THORNING ApS's liquidity measured by quick ratio was 2.4 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
2016
2017
Volume
Net sales
Gross profit-11.13-11.13
EBIT-11.13-11.13
Net earnings26.2474.78
Shareholders equity total746.07769.16
Balance sheet total (assets)1 274.081 317.00
Net debt- 730.86- 775.35
Profitability
EBIT-%
ROA10.7 %7.4 %
ROE3.5 %9.9 %
ROI10.8 %7.4 %
Economic value added (EVA)-8.6616.76
Solvency
Equity ratio58.6 %58.4 %
Gearing69.9 %70.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.42.4
Current ratio2.42.4
Cash and cash equivalents1 252.371 316.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:7.40%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.4%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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