SØRVAD TØMRER OG SNEDKER ApS — Credit Rating and Financial Key Figures

CVR number: 28990030
Åbrinken 47, 7550 Sørvad
kb@sorvadts.dk
tel: 22382292
sorvadts.dk

Credit rating

Company information

Official name
SØRVAD TØMRER OG SNEDKER ApS
Personnel
7 persons
Established
2005
Company form
Private limited company
Industry

About SØRVAD TØMRER OG SNEDKER ApS

SØRVAD TØMRER OG SNEDKER ApS (CVR number: 28990030) is a company from HERNING. The company recorded a gross profit of 3425.9 kDKK in 2024. The operating profit was 189 kDKK, while net earnings were 147.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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. SØRVAD TØMRER OG SNEDKER ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 283.593 068.092 953.652 842.063 425.87
EBIT374.36364.86-83.70165.38188.99
Net earnings287.04280.44-69.04126.48147.62
Shareholders equity total657.36824.80641.26767.74793.36
Balance sheet total (assets)1 871.821 664.911 261.331 919.791 728.88
Net debt- 241.86- 557.97- 257.51- 196.98-70.27
Profitability
EBIT-%
ROA25.5 %20.6 %-5.7 %10.4 %10.4 %
ROE50.4 %37.8 %-9.4 %18.0 %18.9 %
ROI65.8 %49.2 %-11.4 %23.5 %24.3 %
Economic value added (EVA)285.98263.16-78.97108.59118.86
Solvency
Equity ratio35.1 %49.5 %50.8 %45.4 %45.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.31.61.51.81.5
Current ratio1.31.81.81.61.6
Cash and cash equivalents241.86557.97257.51196.9870.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.4%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.9%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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