Sjørring Vognmandsforretning A/S — Credit Rating and Financial Key Figures

CVR number: 40813055
Vorupørvej 24, Sjørring 7700 Thisted

Credit rating

Company information

Official name
Sjørring Vognmandsforretning A/S
Personnel
4 persons
Established
2019
Domicile
Sjørring
Company form
Limited company
Industry

About Sjørring Vognmandsforretning A/S

Sjørring Vognmandsforretning A/S (CVR number: 40813055) is a company from THISTED. The company recorded a gross profit of 3536.4 kDKK in 2024. The operating profit was 394.3 kDKK, while net earnings were 37 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 15.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Sjørring Vognmandsforretning A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 831.533 608.053 221.473 145.993 536.41
EBIT1 212.76-18.11434.78598.68394.35
Net earnings820.69-64.6278.66243.5836.98
Shareholders equity total1 220.691 006.071 084.731 328.311 365.29
Balance sheet total (assets)7 320.316 600.736 384.145 746.968 846.08
Net debt814.211 385.861 899.691 526.891 781.15
Profitability
EBIT-%
ROA16.6 %-0.2 %6.7 %9.9 %5.4 %
ROE67.2 %-5.8 %7.5 %20.2 %2.7 %
ROI22.2 %-0.3 %8.8 %12.1 %6.5 %
Economic value added (EVA)945.37- 282.72109.79202.1666.64
Solvency
Equity ratio16.7 %15.2 %17.0 %23.1 %15.4 %
Gearing127.6 %158.1 %175.1 %115.1 %130.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.40.40.40.4
Current ratio0.80.60.60.70.6
Cash and cash equivalents743.27205.110.142.185.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.43%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.4%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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