ERIK SØRENSEN VIN A/S — Credit Rating and Financial Key Figures

CVR number: 21786497
Fredensborg Kongevej 57, 2980 Kokkedal
tel: 39454949

Company information

Official name
ERIK SØRENSEN VIN A/S
Personnel
24 persons
Established
1999
Company form
Limited company
Industry

About ERIK SØRENSEN VIN A/S

ERIK SØRENSEN VIN A/S (CVR number: 21786497) is a company from FREDENSBORG. The company recorded a gross profit of 16 mDKK in 2024. The operating profit was 1101 kDKK, while net earnings were -184.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ERIK SØRENSEN VIN A/S's liquidity measured by quick ratio was 0.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit16 831.8717 675.1116 964.3814 467.8115 983.27
EBIT4 046.874 607.852 586.74-1 079.901 101.05
Net earnings2 761.413 360.511 437.69-1 772.58- 184.06
Shareholders equity total20 027.5622 660.0719 015.9415 881.5515 335.68
Balance sheet total (assets)49 738.8560 778.4265 084.0456 246.1357 913.86
Net debt10 999.1015 845.1527 115.9824 811.0425 945.35
Profitability
EBIT-%
ROA8.4 %8.5 %4.3 %-1.6 %2.1 %
ROE14.8 %15.7 %6.9 %-10.2 %-1.2 %
ROI11.6 %12.4 %6.0 %-2.1 %2.8 %
Economic value added (EVA)1 291.501 870.82- 115.49-3 335.68- 951.94
Solvency
Equity ratio40.3 %37.3 %29.6 %28.4 %26.9 %
Gearing55.6 %70.5 %143.0 %156.7 %169.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.30.30.3
Current ratio1.61.51.21.21.1
Cash and cash equivalents142.23124.3777.8579.9882.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:2.10%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.9%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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