SØREN HOLM HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØREN HOLM HOLDING A/S
SØREN HOLM HOLDING A/S (CVR number: 14306889) is a company from HJØRRING. The company recorded a gross profit of -60.8 kDKK in 2023. The operating profit was -104.8 kDKK, while net earnings were 666.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.9 %, which can be considered excellent but Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØREN HOLM HOLDING A/S's liquidity measured by quick ratio was 33.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -52.72 | -61.50 | -55.41 | -66.06 | -60.78 |
EBIT | - 127.60 | - 137.24 | - 117.41 | - 103.06 | - 104.78 |
Net earnings | 63.03 | 671.83 | 336.81 | 363.18 | 666.22 |
Shareholders equity total | 3 877.76 | 4 399.60 | 4 623.41 | 4 929.39 | 5 536.70 |
Balance sheet total (assets) | 3 908.62 | 4 598.26 | 4 721.27 | 5 012.30 | 5 708.26 |
Net debt | -3 896.24 | -4 598.26 | -4 721.27 | -5 012.24 | -5 708.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.1 % | 20.4 % | 9.4 % | 9.6 % | 15.9 % |
ROE | 1.6 % | 16.2 % | 7.5 % | 7.6 % | 12.7 % |
ROI | 2.1 % | 21.0 % | 9.7 % | 9.8 % | 16.3 % |
Economic value added (EVA) | - 100.20 | - 106.12 | -81.60 | -75.46 | -77.56 |
Solvency | |||||
Equity ratio | 99.2 % | 95.7 % | 97.9 % | 98.3 % | 97.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 126.7 | 23.1 | 48.2 | 60.4 | 33.3 |
Current ratio | 126.7 | 23.1 | 48.2 | 60.4 | 33.3 |
Cash and cash equivalents | 3 896.24 | 4 598.26 | 4 721.27 | 5 012.24 | 5 708.16 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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