SØRENSEN INVEST II ApS — Credit Rating and Financial Key Figures

CVR number: 26517168
Fabersvej 14, 7100 Vejle

Company information

Official name
SØRENSEN INVEST II ApS
Established
2002
Company form
Private limited company
Industry

About SØRENSEN INVEST II ApS

SØRENSEN INVEST II ApS (CVR number: 26517168) is a company from VEJLE. The company recorded a gross profit of 323 kDKK in 2022. The operating profit was 1073 kDKK, while net earnings were 869.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. SØRENSEN INVEST II ApS's liquidity measured by quick ratio was 12.9 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit310.08316.83319.30328.29323.05
EBIT310.08316.83319.30328.291 073.05
Net earnings254.74265.72443.10117.34869.69
Shareholders equity total4 213.164 478.884 921.985 039.315 609.00
Balance sheet total (assets)6 208.596 346.056 725.536 619.707 297.03
Net debt- 104.21- 360.22- 855.19- 860.09- 904.52
Profitability
EBIT-%
ROA5.6 %5.9 %8.9 %6.2 %16.6 %
ROE6.2 %6.1 %9.4 %2.4 %16.3 %
ROI5.7 %5.9 %9.1 %6.3 %16.7 %
Economic value added (EVA)40.2346.8048.2657.90632.91
Solvency
Equity ratio67.9 %70.6 %73.2 %76.1 %76.9 %
Gearing30.2 %25.7 %20.9 %17.9 %14.0 %
Relative net indebtedness %
Liquidity
Quick ratio6.87.87.614.112.9
Current ratio6.87.87.614.112.9
Cash and cash equivalents1 376.471 510.091 882.301 764.071 691.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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