C E Sørensen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About C E Sørensen Holding ApS
C E Sørensen Holding ApS (CVR number: 37744425) is a company from HILLERØD. The company recorded a gross profit of -9.9 kDKK in 2023. The operating profit was -9.9 kDKK, while net earnings were 390 kDKK. The profitability of the company measured by Return on Assets (ROA) was 50.8 %, which can be considered excellent and Return on Equity (ROE) was 51.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. C E Sørensen Holding ApS's liquidity measured by quick ratio was 42.8 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 | 1 598.55 | 1 414.11 | 176.61 | -24.35 | -9.88 |
EBIT | 252.83 | 87.30 | 168.61 | -24.35 | -9.88 |
Net earnings | 182.26 | 66.21 | 138.17 | 423.19 | 389.96 |
Shareholders equity total | 207.01 | 273.22 | 311.39 | 621.65 | 893.82 |
Balance sheet total (assets) | 633.33 | 625.11 | 336.19 | 631.65 | 903.82 |
Net debt | - 169.21 | - 203.21 | -26.31 | - 138.82 | - 404.99 |
Profitability | |||||
EBIT-% | |||||
ROA | 59.4 % | 13.9 % | 35.1 % | 88.0 % | 50.8 % |
ROE | 157.3 % | 27.6 % | 47.3 % | 90.7 % | 51.5 % |
ROI | 218.2 % | 36.4 % | 57.7 % | 91.2 % | 51.5 % |
Economic value added (EVA) | 195.19 | 59.71 | 123.53 | -40.00 | -41.12 |
Solvency | |||||
Equity ratio | 32.7 % | 43.7 % | 92.6 % | 98.4 % | 98.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.5 | 1.5 | 15.6 | 42.8 |
Current ratio | 1.3 | 1.6 | 1.5 | 15.6 | 42.8 |
Cash and cash equivalents | 169.21 | 203.21 | 26.31 | 138.82 | 404.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BBB |
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