KAI OLE SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAI OLE SØRENSEN HOLDING ApS
KAI OLE SØRENSEN HOLDING ApS (CVR number: 21604607) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -21.9 kDKK in 2024. The operating profit was -25.9 kDKK, while net earnings were -10.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KAI OLE SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 3.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -32.38 | -31.60 | -20.15 | -20.00 | -21.95 |
| EBIT | -36.38 | -35.60 | -24.15 | -24.00 | -25.95 |
| Net earnings | 194.46 | - 426.76 | 134.23 | 126.66 | -10.23 |
| Shareholders equity total | 2 173.84 | 1 634.09 | 1 653.92 | 1 662.78 | 1 530.55 |
| Balance sheet total (assets) | 2 768.60 | 2 210.94 | 2 338.94 | 2 136.26 | 2 051.79 |
| Net debt | -2 010.82 | -1 619.99 | -1 600.86 | -1 640.01 | -1 512.80 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.0 % | 10.7 % | 6.2 % | 8.4 % | 5.5 % |
| ROE | 9.1 % | -22.4 % | 8.2 % | 7.6 % | -0.6 % |
| ROI | 11.0 % | -6.0 % | 6.2 % | 8.5 % | 5.5 % |
| Economic value added (EVA) | - 153.01 | - 170.90 | - 138.38 | - 135.58 | - 128.13 |
| Solvency | |||||
| Equity ratio | 78.5 % | 73.9 % | 70.7 % | 77.8 % | 74.6 % |
| Gearing | 23.8 % | 34.4 % | 40.5 % | 27.5 % | 33.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 4.3 | 3.8 | 3.4 | 4.5 | 3.9 |
| Current ratio | 4.3 | 3.8 | 3.4 | 4.5 | 3.9 |
| Cash and cash equivalents | 2 528.64 | 2 181.85 | 2 270.89 | 2 097.76 | 2 017.85 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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