N.E. SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 5 406.64 | 163.48 | 1 186.31 | 2 940.77 | - 228.51 |
Shareholders equity total | 20 123.63 | 20 287.11 | 21 472.57 | 24 413.35 | 24 187.11 |
Balance sheet total (assets) | 31 345.39 | 30 132.92 | 30 608.89 | 35 380.96 | 33 562.29 |
Net debt | 6 199.86 | 4 938.45 | 4 305.86 | 133.64 | -4 409.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.7 % | 1.0 % | 4.5 % | 9.6 % | 0.0 % |
ROE | 15.1 % | 0.8 % | 5.7 % | 12.8 % | -0.9 % |
ROI | 14.4 % | 1.2 % | 5.2 % | 10.9 % | 0.0 % |
Economic value added (EVA) | - 645.56 | 201.16 | -4.97 | 86.86 | 539.20 |
Solvency | |||||
Equity ratio | 64.2 % | 67.3 % | 70.2 % | 69.0 % | 72.1 % |
Gearing | 34.9 % | 28.4 % | 24.1 % | 28.7 % | 22.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.4 | 1.4 | 1.3 | 1.5 |
Current ratio | 1.1 | 1.4 | 1.4 | 1.3 | 1.5 |
Cash and cash equivalents | 816.70 | 830.76 | 867.00 | 6 862.64 | 9 895.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | A |
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