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 2244.6 kDKK in 2023. The operating profit was -182.7 kDKK, while net earnings were -188 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -40.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.6 %, 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. Tømrerfirmaet Sørensen og Mertz ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 280.82 | 3 395.48 | 3 831.73 | 4 804.91 | 2 244.58 |
EBIT | 418.61 | 478.28 | 132.49 | -63.84 | - 182.68 |
Net earnings | 322.71 | 366.84 | 84.74 | -72.18 | - 188.01 |
Shareholders equity total | 410.29 | 747.13 | 731.87 | 559.69 | 371.69 |
Balance sheet total (assets) | 1 150.60 | 2 412.89 | 1 905.35 | 3 445.41 | 680.47 |
Net debt | - 352.00 | - 506.71 | - 229.44 | - 640.86 | - 265.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 54.9 % | 26.8 % | 6.2 % | -2.4 % | -8.8 % |
ROE | 129.6 % | 63.4 % | 11.5 % | -11.2 % | -40.4 % |
ROI | 132.3 % | 80.3 % | 17.9 % | -9.7 % | -38.9 % |
Economic value added (EVA) | 329.26 | 369.56 | 87.08 | -80.97 | - 185.47 |
Solvency | |||||
Equity ratio | 35.7 % | 31.0 % | 38.4 % | 24.9 % | 54.6 % |
Gearing | 7.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.4 | 1.3 | 1.7 | 1.4 |
Current ratio | 1.5 | 1.4 | 1.4 | 1.1 | 1.4 |
Cash and cash equivalents | 383.34 | 506.71 | 229.44 | 640.86 | 265.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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