SØREN SVENDSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØREN SVENDSEN A/S
SØREN SVENDSEN A/S (CVR number: 17805290) is a company from AALBORG. The company recorded a gross profit of -52.3 kDKK in 2023. The operating profit was -52.3 kDKK, while net earnings were 426.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. SØREN SVENDSEN A/S's liquidity measured by quick ratio was 2 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 | -75.57 | -74.91 | -55.81 | -51.21 | -52.35 |
EBIT | -80.40 | -74.91 | -55.81 | -51.21 | -52.35 |
Net earnings | 57.94 | 426.14 | - 977.02 | -86.77 | 426.82 |
Shareholders equity total | 4 806.38 | 5 121.92 | 4 144.89 | 4 058.12 | 4 484.94 |
Balance sheet total (assets) | 5 563.08 | 8 083.53 | 8 912.05 | 8 363.83 | 8 856.06 |
Net debt | -2 935.86 | -7 268.14 | -8 534.76 | -8 000.08 | -8 586.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.0 % | 10.0 % | -2.3 % | 2.2 % | 8.5 % |
ROE | 1.2 % | 8.6 % | -21.1 % | -2.1 % | 10.0 % |
ROI | 3.5 % | 13.7 % | -4.2 % | 4.7 % | 17.2 % |
Economic value added (EVA) | - 210.14 | - 147.83 | 68.07 | 178.78 | 155.29 |
Solvency | |||||
Equity ratio | 86.4 % | 63.4 % | 46.5 % | 48.5 % | 50.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.5 | 2.6 | 1.9 | 1.9 | 2.0 |
Current ratio | 4.5 | 2.6 | 1.9 | 1.9 | 2.0 |
Cash and cash equivalents | 2 935.86 | 7 268.14 | 8 534.76 | 8 000.08 | 8 586.87 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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