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Sørensen Holding 1988 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Sørensen Holding 1988 ApS
Sørensen Holding 1988 ApS (CVR number: 41432268) is a company from VEJLE. The company reported a net sales of -0 mDKK in 2024, demonstrating a decline of 15.3 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -52.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -60.2 %, which can be considered poor and Return on Equity (ROE) was -79.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.8 %, 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. Sørensen Holding 1988 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 48.00 | 170.00 | 66.00 | -37.00 | -42.65 |
| Gross profit | 30.00 | 161.00 | 56.00 | -48.00 | -52.03 |
| EBIT | 30.00 | 161.00 | 56.00 | -48.00 | -52.03 |
| Net earnings | 30.00 | 161.00 | 56.00 | -48.00 | -52.62 |
| Shareholders equity total | 70.00 | 201.00 | 200.00 | 93.00 | 39.95 |
| Balance sheet total (assets) | 89.00 | 208.00 | 207.00 | 100.00 | 72.91 |
| Net debt | -1.00 | 0.51 | |||
| Profitability | |||||
| EBIT-% | 62.5 % | 94.7 % | 84.8 % | ||
| ROA | 33.7 % | 108.4 % | 27.0 % | -31.3 % | -60.2 % |
| ROE | 42.9 % | 118.8 % | 27.9 % | -32.8 % | -79.2 % |
| ROI | 42.9 % | 118.8 % | 27.9 % | -32.8 % | -69.4 % |
| Economic value added (EVA) | 30.00 | 157.48 | 45.90 | -58.05 | -56.71 |
| Solvency | |||||
| Equity ratio | 78.7 % | 96.6 % | 96.6 % | 93.0 % | 54.8 % |
| Gearing | 1.3 % | ||||
| Relative net indebtedness % | 37.5 % | 4.1 % | 10.6 % | -18.9 % | -77.3 % |
| Liquidity | |||||
| Quick ratio | 0.1 | 0.1 | 4.7 | 1.9 | 0.7 |
| Current ratio | 0.1 | 0.1 | 4.7 | 1.9 | 0.7 |
| Cash and cash equivalents | 1.00 | ||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -37.5 % | -3.5 % | 39.4 % | -16.2 % | 10.6 % |
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BB |
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