SØRENS A/S — Credit Rating and Financial Key Figures

CVR number: 29772061
Guldsmedgade 22, 8000 Aarhus C

Company information

Official name
SØRENS A/S
Established
2006
Company form
Limited company
Industry

About SØRENS A/S

SØRENS A/S (CVR number: 29772061) is a company from AARHUS. The company recorded a gross profit of -152.3 kDKK in 2023. The operating profit was -152.3 kDKK, while net earnings were -1169.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SØRENS A/S's liquidity measured by quick ratio was 24.5 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 profit-37.54-75.47-61.92-69.93- 152.34
EBIT-37.54-75.47-61.92-69.93- 152.34
Net earnings2 576.691 970.19- 547.56-2 720.40-1 169.73
Shareholders equity total45 962.5047 877.3947 273.3344 495.7343 267.10
Balance sheet total (assets)46 616.6748 747.1047 801.1845 139.3544 016.75
Net debt-18 613.10-20 671.24-19 526.81-16 554.25-17 437.12
Profitability
EBIT-%
ROA7.0 %5.4 %3.6 %0.5 %6.4 %
ROE5.8 %4.2 %-1.2 %-5.9 %-2.7 %
ROI7.1 %5.5 %3.6 %0.5 %-2.6 %
Economic value added (EVA)-34.05-32.43-26.36-49.80- 135.92
Solvency
Equity ratio98.6 %98.2 %98.9 %98.6 %98.3 %
Gearing0.5 %0.7 %1.1 %1.4 %1.7 %
Relative net indebtedness %
Liquidity
Quick ratio29.024.238.127.124.5
Current ratio29.024.338.227.224.5
Cash and cash equivalents18 841.6720 999.2220 031.6617 174.1518 176.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:6.38%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Board member

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