Mogens P. Sørensen ApS — Credit Rating and Financial Key Figures

CVR number: 39647761
Kählersvej 1 C, 4700 Næstved
rhs@baltic-korn.dk
tel: 40159903

Company information

Official name
Mogens P. Sørensen ApS
Established
2018
Company form
Private limited company
Industry

About Mogens P. Sørensen ApS

Mogens P. Sørensen ApS (CVR number: 39647761) is a company from NÆSTVED. The company recorded a gross profit of 401.8 kDKK in 2023. The operating profit was 355.2 kDKK, while net earnings were 294.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.6 %, which can be considered excellent and Return on Equity (ROE) was 26.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 85.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Mogens P. Sørensen ApS's liquidity measured by quick ratio was 8.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit248.8032.36263.64569.85401.82
EBIT202.13-14.31216.98523.18355.16
Net earnings147.01-11.49179.70366.87294.22
Shareholders equity total907.10758.63938.331 065.201 123.82
Balance sheet total (assets)1 067.52894.721 099.101 348.451 308.56
Net debt- 308.55- 176.73- 380.74- 646.19- 732.54
Profitability
EBIT-%
ROA19.9 %-1.5 %23.2 %43.5 %28.6 %
ROE17.6 %-1.4 %21.2 %36.6 %26.9 %
ROI21.0 %-1.5 %24.1 %48.2 %31.9 %
Economic value added (EVA)167.824.26185.63422.65248.28
Solvency
Equity ratio85.0 %84.8 %85.4 %79.0 %85.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio9.911.89.24.38.3
Current ratio9.911.89.24.38.3
Cash and cash equivalents308.55176.73380.74646.19732.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:28.6%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.9%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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