MICHAEL J. SØRENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 30598121
Gyldenrisvej 1, 4000 Roskilde

Credit rating

Company information

Official name
MICHAEL J. SØRENSEN ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About MICHAEL J. SØRENSEN ApS

MICHAEL J. SØRENSEN ApS (CVR number: 30598121) is a company from ROSKILDE. The company recorded a gross profit of 1253.5 kDKK in 2024. The operating profit was 357.8 kDKK, while net earnings were 263.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good and Return on Equity (ROE) was 11.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 81.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL J. SØRENSEN ApS's liquidity measured by quick ratio was 4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 044.001 048.001 228.001 417.001 253.50
EBIT295.00300.00470.00606.00357.78
Net earnings222.00231.00359.00459.00263.52
Shareholders equity total1 660.001 891.002 250.002 109.002 371.82
Balance sheet total (assets)2 859.002 645.003 240.003 201.002 914.40
Net debt- 529.00- 802.00-1 273.00- 591.00-1 139.42
Profitability
EBIT-%
ROA9.6 %10.9 %16.0 %18.8 %11.8 %
ROE14.3 %13.0 %17.3 %21.1 %11.8 %
ROI15.9 %15.0 %20.2 %22.7 %13.5 %
Economic value added (EVA)210.39182.76312.76426.00224.43
Solvency
Equity ratio58.1 %71.5 %69.4 %65.9 %81.4 %
Gearing2.7 %2.4 %5.3 %24.2 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.72.11.74.0
Current ratio0.91.72.11.74.0
Cash and cash equivalents574.00847.001 393.001 102.001 162.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.4%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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