Murermester Palle Sørensen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Murermester Palle Sørensen ApS
Murermester Palle Sørensen ApS (CVR number: 36712252) is a company from ODDER. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -47.4 % compared to the previous year. The operating profit percentage was poor at -38 % (EBIT: -0.1 mDKK), while net earnings were -82.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -74.9 %, which can be considered poor and Return on Equity (ROE) was -131.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.4 %, 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. Murermester Palle Sørensen ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 567.67 | 188.83 | 207.36 | 514.05 | 270.37 |
Gross profit | 398.97 | 127.72 | 124.08 | 386.35 | 196.20 |
EBIT | -44.67 | -48.99 | -28.18 | 23.48 | - 102.86 |
Net earnings | -37.41 | -40.61 | -23.18 | 14.38 | -82.13 |
Shareholders equity total | 153.01 | 112.40 | 89.22 | 103.59 | 21.46 |
Balance sheet total (assets) | 275.87 | 148.34 | 127.11 | 186.67 | 87.88 |
Net debt | - 197.06 | -46.46 | -41.22 | -54.52 | -6.08 |
Profitability | |||||
EBIT-% | -7.9 % | -25.9 % | -13.6 % | 4.6 % | -38.0 % |
ROA | -14.3 % | -23.1 % | -20.5 % | 15.0 % | -74.9 % |
ROE | -21.8 % | -30.6 % | -23.0 % | 14.9 % | -131.4 % |
ROI | -26.0 % | -36.2 % | -26.6 % | 23.2 % | -152.3 % |
Economic value added (EVA) | -35.17 | -36.25 | -25.08 | 14.03 | -82.57 |
Solvency | |||||
Equity ratio | 55.5 % | 75.8 % | 70.2 % | 55.5 % | 24.4 % |
Gearing | 4.4 % | 5.6 % | 4.8 % | 23.3 % | |
Relative net indebtedness % | -13.1 % | -8.2 % | -4.0 % | 4.6 % | 20.5 % |
Liquidity | |||||
Quick ratio | 2.2 | 3.7 | 2.6 | 2.0 | 1.1 |
Current ratio | 2.2 | 3.7 | 2.6 | 2.0 | 1.1 |
Cash and cash equivalents | 197.06 | 51.46 | 46.22 | 59.52 | 11.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 24.5 | 37.3 | 15.1 | 51.2 | 19.7 |
Net working capital % | 25.3 % | 52.1 % | 28.7 % | 15.9 % | 2.9 % |
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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