SVEND SØRENSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVEND SØRENSEN ApS
SVEND SØRENSEN ApS (CVR number: 12626282) is a company from TÅRNBY. The company recorded a gross profit of 179.3 kDKK in 2023. The operating profit was -115.8 kDKK, while net earnings were -151.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.4 %, 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. SVEND SØRENSEN ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 531.82 | 363.53 | 591.45 | 233.22 | 179.26 |
EBIT | 158.47 | -35.58 | 227.70 | - 179.96 | - 115.84 |
Net earnings | 114.48 | 6.11 | 182.44 | - 173.00 | - 151.41 |
Shareholders equity total | 869.97 | 776.08 | 958.52 | 635.51 | 484.31 |
Balance sheet total (assets) | 1 146.06 | 1 181.29 | 1 128.81 | 832.91 | 1 022.71 |
Net debt | -48.11 | 21.30 | - 155.38 | -80.89 | 2.91 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.3 % | -3.1 % | 20.5 % | -17.7 % | -10.5 % |
ROE | 14.1 % | 0.7 % | 21.0 % | -21.7 % | -27.0 % |
ROI | 16.0 % | -3.8 % | 25.3 % | -21.5 % | -13.5 % |
Economic value added (EVA) | 97.35 | -62.21 | 143.78 | - 216.68 | - 109.06 |
Solvency | |||||
Equity ratio | 75.9 % | 65.7 % | 84.9 % | 76.3 % | 47.4 % |
Gearing | 10.0 % | 17.3 % | 0.4 % | 3.3 % | 62.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 2.5 | 5.8 | 3.3 | 1.6 |
Current ratio | 3.9 | 2.8 | 6.4 | 4.1 | 1.9 |
Cash and cash equivalents | 134.73 | 112.67 | 158.79 | 102.04 | 297.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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