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Tømrerfirmaet Sørensen og Mertz ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tømrerfirmaet Sørensen og Mertz ApS
Tømrerfirmaet Sørensen og Mertz ApS (CVR number: 39614545) is a company from ASSENS. The company recorded a gross profit of -173.7 kDKK in 2024. The operating profit was -276.2 kDKK, while net earnings were -279 kDKK. The profitability of the company measured by Return on Assets (ROA) was -49.8 %, which can be considered poor and Return on Equity (ROE) was -120.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tømrerfirmaet Sørensen og Mertz ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 3 395.48 | 3 831.73 | 4 804.91 | 2 244.58 | - 173.70 |
| EBIT | 478.28 | 132.49 | -63.84 | - 182.68 | - 276.22 |
| Net earnings | 366.84 | 84.74 | -72.18 | - 188.01 | - 279.01 |
| Shareholders equity total | 747.13 | 731.87 | 559.69 | 371.69 | 92.68 |
| Balance sheet total (assets) | 2 412.89 | 1 905.35 | 3 445.41 | 680.47 | 429.93 |
| Net debt | - 506.71 | - 229.44 | - 640.86 | - 265.04 | 88.08 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 26.8 % | 6.2 % | -2.4 % | -8.8 % | -49.8 % |
| ROE | 63.4 % | 11.5 % | -11.2 % | -40.4 % | -120.2 % |
| ROI | 80.3 % | 17.9 % | -9.7 % | -38.9 % | -100.0 % |
| Economic value added (EVA) | 348.60 | 61.58 | -93.03 | - 217.67 | - 294.90 |
| Solvency | |||||
| Equity ratio | 31.0 % | 38.4 % | 24.9 % | 54.6 % | 21.6 % |
| Gearing | 95.2 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.3 | 1.7 | 1.4 | 0.8 |
| Current ratio | 1.4 | 1.4 | 1.1 | 1.4 | 0.8 |
| Cash and cash equivalents | 506.71 | 229.44 | 640.86 | 265.04 | 0.16 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | C | BB | B | B | B |
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