SØRENS FARVE OG TAPET ApS — Credit Rating and Financial Key Figures

CVR number: 26990920
Storegade 11, Bramming 6740 Bramming
tel: 75174378

Credit rating

Company information

Official name
SØRENS FARVE OG TAPET ApS
Personnel
5 persons
Established
2004
Domicile
Bramming
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About SØRENS FARVE OG TAPET ApS

SØRENS FARVE OG TAPET ApS (CVR number: 26990920) is a company from ESBJERG. The company recorded a gross profit of 1830.6 kDKK in 2023. The operating profit was 169.3 kDKK, while net earnings were 132 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. SØRENS FARVE OG TAPET ApS's liquidity measured by quick ratio was 2.3 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
20192020202120222023
Volume
Net sales
Gross profit1 772.402 244.322 517.641 767.941 830.57
EBIT579.221 028.72910.10308.74169.34
Net earnings448.57777.56675.28210.04132.04
Shareholders equity total825.681 379.242 054.532 264.572 396.61
Balance sheet total (assets)2 315.013 757.504 483.122 996.073 436.21
Net debt-1 075.15-2 721.68-2 643.35-1 952.96-2 207.18
Profitability
EBIT-%
ROA28.1 %33.9 %22.1 %8.3 %5.3 %
ROE68.3 %70.5 %39.3 %9.7 %5.7 %
ROI90.1 %93.1 %53.0 %14.3 %7.3 %
Economic value added (EVA)473.73813.66775.12268.18116.42
Solvency
Equity ratio35.7 %36.7 %45.8 %75.6 %69.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.91.21.52.92.3
Current ratio1.51.61.84.13.3
Cash and cash equivalents1 075.152 721.682 643.351 952.962 207.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:5.27%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.7%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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