KURT SØRENSEN MASKINFABRIK A/S

CVR number: 31588642
Alsvej 12, 8940 Randers SV
salg@ksm.dk
tel: 87114041

Credit rating

Company information

Official name
KURT SØRENSEN MASKINFABRIK A/S
Personnel
42 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About KURT SØRENSEN MASKINFABRIK A/S

KURT SØRENSEN MASKINFABRIK A/S (CVR number: 31588642) is a company from RANDERS. The company recorded a gross profit of 24.1 mDKK in 2021. The operating profit was 2628 kDKK, while net earnings were 662 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.6 %, 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. KURT SØRENSEN MASKINFABRIK A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20172018201920202021
Volume
Net sales
Gross profit23 300.0023 842.0027 052.0025 023.0024 057.00
EBIT3 690.001 932.003 073.002 638.002 628.00
Net earnings2 448.00670.001 403.00785.00662.00
Shareholders equity total20 696.0019 522.0019 156.0018 231.0037 457.00
Balance sheet total (assets)62 521.0061 609.0066 423.0060 586.0094 424.00
Net debt19 579.0023 085.0025 339.0021 812.0028 851.00
Profitability
EBIT-%
ROA7.7 %3.1 %4.8 %4.2 %3.4 %
ROE14.8 %3.3 %7.3 %4.2 %2.4 %
ROI9.3 %3.7 %5.6 %4.8 %3.8 %
Economic value added (EVA)1 463.96527.441 514.02927.731 141.31
Solvency
Equity ratio39.4 %37.4 %33.6 %34.7 %42.6 %
Gearing94.7 %118.3 %132.3 %119.7 %77.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.80.91.0
Current ratio1.21.21.01.11.2
Cash and cash equivalents29.001.004.001.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:3.39%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.6%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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