AXEL SØRENSEN VVS ApS — Credit Rating and Financial Key Figures

CVR number: 29169845
Sandemandsvej 3, Rønne 3700 Rønne
as@axels.dk
tel: 56950860

Credit rating

Company information

Official name
AXEL SØRENSEN VVS ApS
Personnel
12 persons
Established
2005
Domicile
Rønne
Company form
Private limited company
Industry

About AXEL SØRENSEN VVS ApS

AXEL SØRENSEN VVS ApS (CVR number: 29169845) is a company from BORNHOLMS REGIONSKOMMUNE. The company recorded a gross profit of 5989.6 kDKK in 2024. The operating profit was 119.3 kDKK, while net earnings were 9.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. AXEL SØRENSEN VVS ApS's liquidity measured by quick ratio was 1.7 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 profit7 213.027 811.617 270.144 529.225 989.65
EBIT1 679.221 700.15823.15- 725.39119.28
Net earnings1 391.281 425.70665.00- 617.569.91
Shareholders equity total4 027.294 252.983 517.982 300.422 310.33
Balance sheet total (assets)8 381.017 860.817 224.056 314.615 657.03
Net debt- 696.3282.90-36.89501.87470.42
Profitability
EBIT-%
ROA22.3 %23.2 %12.5 %-10.0 %2.3 %
ROE36.3 %34.4 %17.1 %-21.2 %0.4 %
ROI36.1 %34.3 %18.1 %-14.7 %3.4 %
Economic value added (EVA)1 098.781 084.59388.08- 779.06-81.84
Solvency
Equity ratio49.3 %54.5 %49.2 %36.8 %42.3 %
Gearing13.8 %14.7 %16.6 %40.7 %35.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.42.11.71.7
Current ratio2.22.42.11.71.7
Cash and cash equivalents1 252.59541.48619.39434.48349.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:2.33%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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