KJÆR & SØRENSEN AUTO ApS — Credit Rating and Financial Key Figures

CVR number: 41737212
Ved Dammen 3, 6240 Løgumkloster
tel: 74745353

Credit rating

Company information

Official name
KJÆR & SØRENSEN AUTO ApS
Personnel
1 person
Established
1975
Company form
Private limited company
Industry

About KJÆR & SØRENSEN AUTO ApS

KJÆR & SØRENSEN AUTO ApS (CVR number: 41737212) is a company from TØNDER. The company recorded a gross profit of 38.9 kDKK in 2023. The operating profit was 16.7 kDKK, while net earnings were 11.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 65.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KJÆR & SØRENSEN AUTO ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit41.2938.1238.1439.1438.92
EBIT39.2036.0336.0539.1416.73
Net earnings29.7427.1027.5428.9911.57
Shareholders equity total231.19218.29205.83194.82206.39
Balance sheet total (assets)325.26323.59321.25321.25317.06
Net debt25.8432.8146.3961.0547.85
Profitability
EBIT-%
ROA12.0 %11.1 %11.2 %12.2 %5.2 %
ROE12.6 %12.1 %13.0 %14.5 %5.8 %
ROI13.3 %12.3 %12.5 %13.4 %5.7 %
Economic value added (EVA)18.0915.3117.0819.693.24
Solvency
Equity ratio71.1 %67.5 %64.1 %60.6 %65.1 %
Gearing11.2 %15.0 %22.5 %31.3 %23.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.10.1
Current ratio0.20.10.10.10.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.24%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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