Sørensen Byg ApS — Credit Rating and Financial Key Figures

CVR number: 41191929
Gammel Rønnebjergvej 185, Rønnebjerg 9760 Vrå

Credit rating

Company information

Official name
Sørensen Byg ApS
Personnel
2 persons
Established
2020
Domicile
Rønnebjerg
Company form
Private limited company
Industry

About Sørensen Byg ApS

Sørensen Byg ApS (CVR number: 41191929) is a company from HJØRRING. The company recorded a gross profit of 447.2 kDKK in 2022. The operating profit was 177.6 kDKK, while net earnings were 123.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.3 %, which can be considered excellent and Return on Equity (ROE) was 68.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.5 %, 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. Sørensen Byg ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
Volume
Net sales
Gross profit723.39373.78447.17
EBIT36.9774.71177.59
Net earnings33.5553.10123.80
Shareholders equity total73.55119.03242.83
Balance sheet total (assets)697.11608.28795.69
Net debt179.65102.6933.52
Profitability
EBIT-%
ROA5.3 %11.4 %25.3 %
ROE45.6 %55.1 %68.4 %
ROI7.2 %16.1 %38.9 %
Economic value added (EVA)36.9757.31134.45
Solvency
Equity ratio10.6 %19.6 %30.5 %
Gearing319.1 %118.6 %58.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.81.0
Current ratio0.70.81.0
Cash and cash equivalents55.0338.49108.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:25.3%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.5%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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