TAGE SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31501121
Parkvej 25, 4200 Slagelse

Company information

Official name
TAGE SØRENSEN HOLDING ApS
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings25.1235.16- 133.907.8711.58
Shareholders equity total957.79879.95631.64521.71411.28
Balance sheet total (assets)1 055.19995.82801.24796.39731.80
Net debt- 963.91- 889.85- 609.88- 501.71- 395.13
Profitability
EBIT-%
ROA4.1 %5.9 %-2.9 %3.6 %4.7 %
ROE2.5 %3.8 %-17.7 %1.4 %2.5 %
ROI4.2 %6.0 %-3.0 %3.7 %4.8 %
Economic value added (EVA)-74.65-73.77-69.96-60.58-60.79
Solvency
Equity ratio90.8 %88.4 %78.8 %65.5 %56.2 %
Gearing8.7 %11.5 %24.3 %49.5 %73.5 %
Relative net indebtedness %
Liquidity
Quick ratio10.88.64.52.82.2
Current ratio10.88.64.52.82.2
Cash and cash equivalents1 047.32990.72763.47759.90697.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:4.72%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.2%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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