Strøm/Sørensen ApS — Credit Rating and Financial Key Figures

CVR number: 37356999
Brejning Strand 1 A, Brejning 7080 Børkop

Company information

Official name
Strøm/Sørensen ApS
Established
2016
Domicile
Brejning
Company form
Private limited company
Industry

About Strøm/Sørensen ApS

Strøm/Sørensen ApS (CVR number: 37356999) is a company from VEJLE. The company recorded a gross profit of 211.6 kDKK in 2023. The operating profit was 211.6 kDKK, while net earnings were 108 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 24.6 %, 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. Strøm/Sørensen ApS's liquidity measured by quick ratio was 2.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit205.76243.29252.67272.96211.63
EBIT205.76243.29252.67272.96211.63
Net earnings104.30133.19138.81156.69107.98
Shareholders equity total469.67602.86741.67898.361 006.34
Balance sheet total (assets)3 554.353 738.393 917.814 116.064 108.97
Net debt2 844.552 753.102 614.412 455.982 415.63
Profitability
EBIT-%
ROA5.9 %6.7 %6.6 %6.9 %5.3 %
ROE25.0 %24.8 %20.6 %19.1 %11.3 %
ROI6.2 %7.1 %7.0 %7.3 %5.6 %
Economic value added (EVA)34.3523.9231.1349.003.37
Solvency
Equity ratio13.3 %16.2 %19.0 %21.9 %24.6 %
Gearing620.3 %489.9 %403.7 %338.0 %293.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.01.51.92.8
Current ratio0.50.91.41.82.6
Cash and cash equivalents68.94200.04379.44580.04532.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:5.30%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.6%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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