SØRENS TAGDÆKNING A/S — Credit Rating and Financial Key Figures

CVR number: 30242734
Industrivej 22, 7490 Aulum
soren@sorenstag.dk
tel: 40464697

Company information

Official name
SØRENS TAGDÆKNING A/S
Personnel
27 persons
Established
2007
Company form
Limited company
Industry

About SØRENS TAGDÆKNING A/S

SØRENS TAGDÆKNING A/S (CVR number: 30242734) is a company from HERNING. The company recorded a gross profit of 12.6 mDKK in 2023. The operating profit was 1382.2 kDKK, while net earnings were 941.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 42 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. SØRENS TAGDÆKNING A/S's liquidity measured by quick ratio was 2 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 profit14 340.0014 220.0014 401.009 611.0012 587.38
EBIT4 339.004 555.00827.00-1 859.001 382.18
Net earnings3 293.003 476.00509.00-1 610.00941.40
Shareholders equity total4 451.004 727.002 636.001 026.003 451.76
Balance sheet total (assets)11 009.0014 741.0012 530.006 972.0011 867.65
Net debt-3 176.00- 455.002 034.001 759.00-1 355.91
Profitability
EBIT-%
ROA50.2 %35.5 %6.1 %-18.8 %15.3 %
ROE113.4 %75.7 %13.8 %-87.9 %42.0 %
ROI105.4 %70.6 %11.0 %-29.5 %25.3 %
Economic value added (EVA)3 288.983 482.25430.41-1 563.141 017.99
Solvency
Equity ratio40.4 %32.1 %21.0 %14.7 %29.1 %
Gearing0.1 %1.8 %77.2 %171.4 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.91.61.62.0
Current ratio1.92.01.71.72.1
Cash and cash equivalents3 181.00542.001 361.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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