KJÆR SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34604185
Sundsholmen 37, 9400 Nørresundby

Company information

Official name
KJÆR SØRENSEN HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About KJÆR SØRENSEN HOLDING ApS

KJÆR SØRENSEN HOLDING ApS (CVR number: 34604185) is a company from AALBORG. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a decline of -59.7 % compared to the previous year. The operating profit percentage was at 99.4 % (EBIT: 1.6 mDKK), while net earnings were 1564.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KJÆR SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 2.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 930.712 904.712 679.153 892.751 569.12
Gross profit1 921.962 895.212 670.403 880.991 559.43
EBIT1 921.962 895.212 670.403 880.991 559.43
Net earnings1 951.412 919.552 695.323 898.191 564.61
Shareholders equity total17 033.5619 842.5122 424.8326 183.9527 563.76
Balance sheet total (assets)17 090.0419 880.5222 825.4726 939.4527 951.88
Net debt150.30287.96373.95
Profitability
EBIT-%99.5 %99.7 %99.7 %99.7 %99.4 %
ROA12.0 %15.8 %12.6 %15.7 %5.8 %
ROE12.1 %15.8 %12.8 %16.0 %5.8 %
ROI12.1 %15.9 %12.7 %15.9 %5.8 %
Economic value added (EVA)2 444.113 520.363 445.964 799.022 674.44
Solvency
Equity ratio99.7 %99.8 %98.2 %97.2 %98.6 %
Gearing0.7 %1.1 %1.4 %
Relative net indebtedness %2.9 %1.3 %15.0 %19.4 %24.7 %
Liquidity
Quick ratio17.723.32.91.92.3
Current ratio17.723.32.91.92.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %48.9 %29.2 %28.1 %16.5 %33.2 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:5.79%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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