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SORRING LERVAREFABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 75185413
Hovedgaden 8, 8641 Sorring
www.sorring-lervarefabrik@mail.dk
tel: 86957009
Free credit report Annual report

Credit rating

Company information

Official name
SORRING LERVAREFABRIK A/S
Personnel
7 persons
Established
1984
Company form
Limited company
Industry

About SORRING LERVAREFABRIK A/S

SORRING LERVAREFABRIK A/S (CVR number: 75185413) is a company from SILKEBORG. The company recorded a gross profit of 4416.6 kDKK in 2024. The operating profit was 1339 kDKK, while net earnings were 1038.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.2 %, which can be considered excellent and Return on Equity (ROE) was 28.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. SORRING LERVAREFABRIK A/S's liquidity measured by quick ratio was 1.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 383.813 187.612 747.883 840.224 416.60
EBIT965.791 746.35987.971 454.501 338.99
Net earnings746.671 353.46763.321 136.761 038.11
Shareholders equity total1 616.582 857.043 020.363 657.123 695.23
Balance sheet total (assets)3 223.093 689.274 711.854 817.324 696.79
Net debt- 288.74- 665.29-1 582.36- 341.82- 118.91
Profitability
EBIT-%
ROA30.6 %50.5 %23.5 %30.6 %28.2 %
ROE57.5 %60.5 %26.0 %34.0 %28.2 %
ROI72.9 %77.7 %32.4 %43.8 %37.3 %
Economic value added (EVA)699.801 277.34626.33976.82849.17
Solvency
Equity ratio50.2 %77.4 %64.1 %72.2 %79.3 %
Gearing1.3 %7.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.91.51.21.5
Current ratio1.94.32.73.15.0
Cash and cash equivalents310.38665.291 800.56341.82118.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:28.2%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.3%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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