VOGNMAND MICHAEL SØRENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 20962135
Kirkevejen 21, Lading 8471 Sabro
tel: 86948371

Credit rating

Company information

Official name
VOGNMAND MICHAEL SØRENSEN ApS
Personnel
14 persons
Established
1998
Domicile
Lading
Company form
Private limited company
Industry

About VOGNMAND MICHAEL SØRENSEN ApS

VOGNMAND MICHAEL SØRENSEN ApS (CVR number: 20962135) is a company from FAVRSKOV. The company recorded a gross profit of 10.4 mDKK in 2024. The operating profit was 196.7 kDKK, while net earnings were 194.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47 %, 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. VOGNMAND MICHAEL SØRENSEN ApS's liquidity measured by quick ratio was 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 650.099 580.0510 688.6711 016.8210 389.68
EBIT1 527.491 205.821 783.12809.68196.75
Net earnings1 223.341 391.811 385.39703.96194.12
Shareholders equity total5 140.661 282.472 167.852 871.812 565.92
Balance sheet total (assets)7 995.993 929.895 271.556 304.875 454.82
Net debt- 937.21- 110.35-1 217.42-2 269.578.83
Profitability
EBIT-%
ROA22.8 %21.8 %38.9 %14.5 %4.4 %
ROE26.4 %43.3 %80.3 %27.9 %7.1 %
ROI32.0 %38.1 %102.8 %32.9 %9.5 %
Economic value added (EVA)1 026.961 085.701 327.93647.75118.52
Solvency
Equity ratio64.3 %32.6 %41.1 %45.5 %47.0 %
Gearing0.6 %0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.41.61.71.9
Current ratio0.70.41.61.71.9
Cash and cash equivalents937.21110.351 229.562 277.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:4.40%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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