THORKILD SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29814562
Dalgårdsvej 83, 6600 Vejen

Company information

Official name
THORKILD SØRENSEN HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About THORKILD SØRENSEN HOLDING ApS

THORKILD SØRENSEN HOLDING ApS (CVR number: 29814562) is a company from VEJEN. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a decline of -10.4 % compared to the previous year. The operating profit percentage was at 98.6 % (EBIT: 0.4 mDKK), while net earnings were 596.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 10.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THORKILD SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 52.3 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 sales229.00714.00660.00452.00405.09
Gross profit224.00708.00653.00447.00399.35
EBIT224.00708.00653.00447.00399.35
Net earnings276.00770.00727.00551.00596.89
Shareholders equity total3 737.004 397.005 010.005 447.005 925.81
Balance sheet total (assets)3 755.004 455.005 155.005 518.006 003.90
Net debt
Profitability
EBIT-%97.8 %99.2 %98.9 %98.9 %98.6 %
ROA7.9 %19.2 %15.6 %10.9 %11.3 %
ROE7.6 %18.9 %15.5 %10.5 %10.5 %
ROI8.0 %19.4 %15.9 %11.2 %11.5 %
Economic value added (EVA)185.70630.62552.15307.77216.77
Solvency
Equity ratio99.5 %98.7 %97.2 %98.7 %98.7 %
Gearing
Relative net indebtedness %7.9 %8.1 %22.0 %15.7 %19.3 %
Liquidity
Quick ratio111.838.420.650.152.3
Current ratio111.838.420.650.152.3
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %871.2 %304.1 %430.0 %770.6 %989.5 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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