TAGE SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAGE SØRENSEN HOLDING ApS
TAGE SØRENSEN HOLDING ApS (CVR number: 31501121) is a company from SLAGELSE. The company recorded a gross profit of -27.7 kDKK in 2024. The operating profit was -27.7 kDKK, while net earnings were 11.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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. TAGE SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 2.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -21.86 | -27.49 | -26.50 | -27.23 | -27.68 |
EBIT | -21.86 | -27.49 | -26.50 | -27.23 | -27.68 |
Net earnings | 25.12 | 35.16 | - 133.90 | 7.87 | 11.58 |
Shareholders equity total | 957.79 | 879.95 | 631.64 | 521.71 | 411.28 |
Balance sheet total (assets) | 1 055.19 | 995.82 | 801.24 | 796.39 | 731.80 |
Net debt | - 963.91 | - 889.85 | - 609.88 | - 501.71 | - 395.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 5.9 % | -2.9 % | 3.6 % | 4.7 % |
ROE | 2.5 % | 3.8 % | -17.7 % | 1.4 % | 2.5 % |
ROI | 4.2 % | 6.0 % | -3.0 % | 3.7 % | 4.8 % |
Economic value added (EVA) | -74.65 | -73.77 | -69.96 | -60.58 | -60.79 |
Solvency | |||||
Equity ratio | 90.8 % | 88.4 % | 78.8 % | 65.5 % | 56.2 % |
Gearing | 8.7 % | 11.5 % | 24.3 % | 49.5 % | 73.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.8 | 8.6 | 4.5 | 2.8 | 2.2 |
Current ratio | 10.8 | 8.6 | 4.5 | 2.8 | 2.2 |
Cash and cash equivalents | 1 047.32 | 990.72 | 763.47 | 759.90 | 697.52 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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