KNUD SØRENSEN BRANDE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KNUD SØRENSEN BRANDE ApS
KNUD SØRENSEN BRANDE ApS (CVR number: 16246174) is a company from IKAST-BRANDE. The company recorded a gross profit of 2297.3 kDKK in 2024. The operating profit was -538.7 kDKK, while net earnings were -331.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.1 %, 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. KNUD SØRENSEN BRANDE ApS's liquidity measured by quick ratio was 1.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 749.28 | 4 993.76 | 6 031.62 | 2 240.42 | 2 297.28 |
EBIT | 135.24 | 759.53 | 2 789.03 | - 701.61 | - 538.74 |
Net earnings | 75.45 | 570.76 | 2 147.37 | - 529.50 | - 331.85 |
Shareholders equity total | 4 798.84 | 5 256.61 | 7 289.58 | 3 260.08 | 2 928.23 |
Balance sheet total (assets) | 7 255.78 | 7 373.43 | 9 302.05 | 8 187.78 | 7 694.85 |
Net debt | -1 752.48 | - 128.20 | -5 128.21 | - 573.21 | - 439.24 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.8 % | 10.4 % | 33.5 % | -6.9 % | -5.5 % |
ROE | 1.6 % | 11.4 % | 34.2 % | -10.0 % | -10.7 % |
ROI | 2.3 % | 13.4 % | 40.0 % | -7.7 % | -6.0 % |
Economic value added (EVA) | - 224.72 | 317.38 | 1 862.40 | - 956.63 | - 724.77 |
Solvency | |||||
Equity ratio | 66.1 % | 71.3 % | 78.4 % | 39.8 % | 38.1 % |
Gearing | 5.0 % | 8.6 % | 4.3 % | 121.3 % | 134.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.4 | 3.8 | 1.2 | 1.2 |
Current ratio | 1.7 | 2.4 | 3.8 | 1.2 | 1.2 |
Cash and cash equivalents | 1 991.58 | 578.90 | 5 440.42 | 4 526.67 | 4 361.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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