Martin Kvorning Sørensen ApS — Credit Rating and Financial Key Figures

CVR number: 39546108
Nybovænget 10, 9632 Møldrup

Credit rating

Company information

Official name
Martin Kvorning Sørensen ApS
Established
2018
Company form
Private limited company
Industry

About Martin Kvorning Sørensen ApS

Martin Kvorning Sørensen ApS (CVR number: 39546108) is a company from VIBORG. The company recorded a gross profit of -15 kDKK in 2023. The operating profit was -15 kDKK, while net earnings were 348.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 40.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Martin Kvorning Sørensen ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-16.63-9.50-10.00-12.25-15.00
EBIT-16.63-9.50-10.00-12.25-15.00
Net earnings-7.04167.55174.89408.79348.36
Shareholders equity total98.91266.46441.35735.73966.29
Balance sheet total (assets)529.31624.072 175.552 630.402 670.65
Net debt143.77183.93225.73185.69189.84
Profitability
EBIT-%
ROA2.1 %31.9 %13.4 %19.2 %15.1 %
ROE-6.9 %91.7 %49.4 %69.5 %40.9 %
ROI3.9 %49.8 %32.8 %52.2 %33.9 %
Economic value added (EVA)8.2113.7116.0687.5385.74
Solvency
Equity ratio18.7 %42.7 %20.3 %28.0 %36.2 %
Gearing185.8 %71.0 %54.7 %48.0 %32.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.10.70.8
Current ratio0.20.00.10.70.8
Cash and cash equivalents40.055.3415.56167.34119.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:15.1%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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