SØRENSEN FREELANCE MANAGEMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØRENSEN FREELANCE MANAGEMENT ApS
SØRENSEN FREELANCE MANAGEMENT ApS (CVR number: 26660424) is a company from FREDERIKSBERG. The company recorded a gross profit of 200.1 kDKK in 2023. The operating profit was -25 kDKK, while net earnings were -13.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.4 %, 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. SØRENSEN FREELANCE MANAGEMENT ApS's liquidity measured by quick ratio was 1.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 481.57 | 63.23 | -19.83 | 118.94 | 200.12 |
EBIT | - 136.17 | -10.34 | -22.66 | 105.17 | -25.00 |
Net earnings | -89.62 | 28.50 | -31.29 | 62.63 | -13.37 |
Shareholders equity total | 105.35 | 133.85 | 102.56 | 165.20 | 111.83 |
Balance sheet total (assets) | 301.13 | 337.40 | 368.08 | 347.33 | 230.89 |
Net debt | -60.53 | -81.82 | -2.47 | - 101.63 | - 103.62 |
Profitability | |||||
EBIT-% | |||||
ROA | -32.0 % | 11.8 % | -5.4 % | 31.7 % | -2.8 % |
ROE | -59.7 % | 23.8 % | -26.5 % | 46.8 % | -9.6 % |
ROI | -37.4 % | 13.2 % | -5.8 % | 36.1 % | -3.5 % |
Economic value added (EVA) | - 107.58 | -2.58 | -11.37 | 88.29 | -19.27 |
Solvency | |||||
Equity ratio | 35.0 % | 39.7 % | 27.9 % | 47.6 % | 48.4 % |
Gearing | 145.2 % | 133.8 % | 239.4 % | 69.8 % | 66.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | 1.4 | 1.9 | 1.9 |
Current ratio | 1.5 | 1.7 | 1.4 | 1.9 | 1.9 |
Cash and cash equivalents | 213.49 | 260.87 | 247.98 | 216.88 | 178.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BB |
Variable visualization
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