CLAUS SØRENSENS FOND HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CLAUS SØRENSENS FOND HOLDING A/S
CLAUS SØRENSENS FOND HOLDING A/S (CVR number: 34692300K) is a company from ESBJERG. The company reported a net sales of 4228.3 mDKK in 2023, demonstrating a growth of 28.1 % compared to the previous year. The operating profit percentage was at 11 % (EBIT: 463.8 mDKK), while net earnings were 467.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. CLAUS SØRENSENS FOND HOLDING A/S's liquidity measured by quick ratio was 2.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 210.09 | 3 049.16 | 2 907.45 | 3 300.94 | 4 228.32 |
Gross profit | 3 210.09 | 3 049.16 | 2 907.45 | 1 510.45 | 1 895.46 |
EBIT | 290.79 | 258.05 | 274.94 | 368.21 | 463.80 |
Net earnings | 222.81 | 189.28 | 1 473.37 | 39.72 | 467.25 |
Shareholders equity total | 1 656.59 | 1 694.93 | 3 087.79 | 3 007.39 | 3 295.53 |
Balance sheet total (assets) | 3 790.64 | 3 763.83 | 4 624.37 | 4 873.01 | 5 548.31 |
Net debt | - 294.53 | - 293.49 | |||
Profitability | |||||
EBIT-% | 9.1 % | 8.5 % | 9.5 % | 11.2 % | 11.0 % |
ROA | 8.1 % | 6.8 % | 6.6 % | 8.1 % | 12.5 % |
ROE | 15.5 % | 11.3 % | 61.6 % | 1.4 % | 16.8 % |
ROI | 8.7 % | 6.8 % | 6.6 % | 8.7 % | 14.8 % |
Economic value added (EVA) | 177.70 | 174.80 | 189.77 | 97.19 | 241.01 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 63.3 % | 61.5 % |
Gearing | 37.5 % | 35.3 % | |||
Relative net indebtedness % | 11.1 % | 16.3 % | |||
Liquidity | |||||
Quick ratio | 2.8 | 2.6 | |||
Current ratio | 3.2 | 3.0 | |||
Cash and cash equivalents | 1 422.47 | 1 456.18 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 65.5 | 73.3 | |||
Net working capital % | 33.1 % | 27.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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