POVL SØRENSEN A/S KLIPPE- & BUKKESERVICE — Credit Rating and Financial Key Figures

CVR number: 24213765
Glerupvej 4, 2610 Rødovre

Company information

Official name
POVL SØRENSEN A/S KLIPPE- & BUKKESERVICE
Personnel
11 persons
Established
1969
Company form
Limited company
Industry

About POVL SØRENSEN A/S KLIPPE- & BUKKESERVICE

POVL SØRENSEN A/S KLIPPE- & BUKKESERVICE (CVR number: 24213765) is a company from RØDOVRE. The company recorded a gross profit of 6959.2 kDKK in 2023. The operating profit was 1376.2 kDKK, while net earnings were 1075.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 35.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. POVL SØRENSEN A/S KLIPPE- & BUKKESERVICE'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 332.198 043.256 169.075 667.526 959.23
EBIT415.321 685.24440.93247.311 376.20
Net earnings276.981 335.56347.07160.421 075.52
Shareholders equity total1 037.472 262.432 496.502 542.523 500.24
Balance sheet total (assets)3 588.965 423.395 683.754 925.595 449.85
Net debt- 704.13-1 002.53424.04466.50- 139.17
Profitability
EBIT-%
ROA11.7 %38.4 %8.4 %5.3 %27.4 %
ROE29.1 %80.9 %14.6 %6.4 %35.6 %
ROI33.0 %105.0 %18.1 %9.4 %43.5 %
Economic value added (EVA)265.551 290.45271.5750.59935.54
Solvency
Equity ratio28.9 %41.7 %43.9 %51.6 %64.2 %
Gearing17.4 %19.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.31.01.11.9
Current ratio1.11.61.41.42.2
Cash and cash equivalents704.131 002.539.1224.75139.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:27.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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