JØRN BAK SØRENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 88717317
Svends Alle 63, 2800 Kongens Lyngby
tel: 45883577

Company information

Official name
JØRN BAK SØRENSEN ApS
Personnel
3 persons
Established
1979
Company form
Private limited company
Industry

About JØRN BAK SØRENSEN ApS

JØRN BAK SØRENSEN ApS (CVR number: 88717317) is a company from GLADSAXE. The company recorded a gross profit of 1505 kDKK in 2023. The operating profit was 487.5 kDKK, while net earnings were 522.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. JØRN BAK SØRENSEN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-1 265.53- 604.24464.931 091.681 505.01
EBIT-3 085.01-2 031.24- 672.57191.67487.48
Net earnings-3 225.79-1 999.37- 628.07144.59522.65
Shareholders equity total8 134.326 134.965 506.895 651.516 174.16
Balance sheet total (assets)14 833.5913 187.3311 771.0611 597.5811 905.31
Net debt2 398.393 783.122 736.182 624.222 675.44
Profitability
EBIT-%
ROA-20.6 %-14.5 %-5.4 %1.6 %4.2 %
ROE-56.1 %-28.0 %-10.8 %2.6 %8.8 %
ROI-22.1 %-15.1 %-6.4 %2.3 %5.6 %
Economic value added (EVA)-2 777.82-2 419.29-1 051.02- 214.52-61.89
Solvency
Equity ratio54.8 %46.5 %46.8 %48.7 %51.9 %
Gearing78.6 %102.2 %53.7 %49.7 %43.6 %
Relative net indebtedness %
Liquidity
Quick ratio7.42.50.40.50.7
Current ratio7.42.50.40.50.7
Cash and cash equivalents3 992.482 484.89221.03182.6919.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:4.15%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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