N.E. SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25159187
Drosselvej 7, Balling 7860 Spøttrup

Company information

Official name
N.E. SØRENSEN HOLDING ApS
Established
1999
Domicile
Balling
Company form
Private limited company
Industry

About N.E. SØRENSEN HOLDING ApS

N.E. SØRENSEN HOLDING ApS (CVR number: 25159187) is a company from SKIVE. The company recorded a gross profit of -17.6 kDKK in 2023. The operating profit was -17.6 kDKK, while net earnings were -228.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. N.E. SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 355.16-90.77-14.00-17.41-17.59
EBIT- 617.47-90.77-14.00-17.41-17.59
Net earnings5 406.64163.481 186.312 940.77- 228.51
Shareholders equity total20 123.6320 287.1121 472.5724 413.3524 187.11
Balance sheet total (assets)31 345.3930 132.9230 608.8935 380.9633 562.29
Net debt6 199.864 938.454 305.86133.64-4 409.32
Profitability
EBIT-%
ROA13.7 %1.0 %4.5 %9.6 %0.0 %
ROE15.1 %0.8 %5.7 %12.8 %-0.9 %
ROI14.4 %1.2 %5.2 %10.9 %0.0 %
Economic value added (EVA)- 645.56201.16-4.9786.86539.20
Solvency
Equity ratio64.2 %67.3 %70.2 %69.0 %72.1 %
Gearing34.9 %28.4 %24.1 %28.7 %22.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.41.41.31.5
Current ratio1.11.41.41.31.5
Cash and cash equivalents816.70830.76867.006 862.649 895.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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