SØREN MEINVED DANIELS HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SØREN MEINVED DANIELS HOLDING ApS
SØREN MEINVED DANIELS HOLDING ApS (CVR number: 28492863) is a company from HERNING. The company recorded a gross profit of -17.7 kDKK in 2023. The operating profit was -17.7 kDKK, while net earnings were -163.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -33 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.4 %, 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. SØREN MEINVED DANIELS HOLDING ApS's liquidity measured by quick ratio was 3.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -29.20 | -22.47 | -24.13 | -31.62 | -17.69 |
EBIT | - 109.20 | -22.47 | -24.13 | -31.62 | -17.69 |
Net earnings | -87.01 | 96.65 | 158.30 | - 440.32 | - 163.70 |
Shareholders equity total | 1 304.15 | 1 232.80 | 1 191.11 | 636.39 | 354.88 |
Balance sheet total (assets) | 1 443.98 | 1 298.46 | 1 361.76 | 726.40 | 496.73 |
Net debt | -1 331.86 | -1 243.21 | -1 325.41 | - 694.70 | - 496.03 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.5 % | 9.3 % | 15.7 % | -0.5 % | 1.7 % |
ROE | -6.0 % | 7.6 % | 13.1 % | -48.2 % | -33.0 % |
ROI | -7.2 % | 10.1 % | 17.2 % | -0.6 % | 2.0 % |
Economic value added (EVA) | -80.10 | -15.96 | -18.28 | -24.87 | -14.83 |
Solvency | |||||
Equity ratio | 90.3 % | 94.9 % | 87.5 % | 87.6 % | 71.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.3 | 19.8 | 8.0 | 8.1 | 3.5 |
Current ratio | 10.3 | 19.8 | 8.0 | 8.1 | 3.5 |
Cash and cash equivalents | 1 331.86 | 1 243.21 | 1 325.41 | 694.70 | 496.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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