LOTTE SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 14729194
Klosterengen 40, Sennels 7700 Thisted

Company information

Official name
LOTTE SØRENSEN HOLDING ApS
Established
1990
Domicile
Sennels
Company form
Private limited company
Industry

About LOTTE SØRENSEN HOLDING ApS

LOTTE SØRENSEN HOLDING ApS (CVR number: 14729194) is a company from THISTED. The company recorded a gross profit of -435.4 kDKK in 2023. The operating profit was -435.4 kDKK, while net earnings were 10.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 9.3 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LOTTE SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 27 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 378.43- 365.72- 415.52- 387.94- 435.39
EBIT- 378.43- 365.72- 415.52- 387.94- 435.39
Net earnings-12 289.8720 849.49-4 945.29-10 173.7610 488.23
Shareholders equity total134 780.73154 630.22148 684.93137 511.17147 903.40
Balance sheet total (assets)135 285.60158 986.30151 095.48142 362.68153 588.83
Net debt- 124 037.00- 148 931.79- 140 658.89- 130 269.21- 141 400.09
Profitability
EBIT-%
ROA5.3 %18.1 %2.7 %2.3 %9.3 %
ROE-8.7 %14.4 %-3.3 %-7.1 %7.3 %
ROI-2.7 %17.6 %1.4 %0.2 %7.9 %
Economic value added (EVA)828.981 074.991 230.531 220.081 360.78
Solvency
Equity ratio99.6 %97.3 %98.4 %96.6 %96.3 %
Gearing0.3 %0.5 %1.6 %3.5 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio268.036.562.729.327.0
Current ratio268.036.562.729.327.0
Cash and cash equivalents124 506.88149 735.82143 034.44135 069.30146 278.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBA

Variable visualization

ROA:9.29%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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