SORTEX ApS — Credit Rating and Financial Key Figures

CVR number: 81737614
Halfdansgade 3, 2300 København S

Company information

Official name
SORTEX ApS
Established
1976
Company form
Private limited company
Industry

About SORTEX ApS

SORTEX ApS (CVR number: 81737614) is a company from KØBENHAVN. The company recorded a gross profit of 883.9 kDKK in 2023. The operating profit was 542.4 kDKK, while net earnings were 1999.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 93 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SORTEX ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit744.66785.11771.521 036.86883.88
EBIT622.043 615.3271.52236.86542.43
Net earnings521.344 793.57285.201 795.481 999.60
Shareholders equity total27 295.5931 989.1632 163.7633 844.8535 726.64
Balance sheet total (assets)32 027.6735 866.5835 162.7137 027.2338 834.87
Net debt- 776.29- 413.69-2 023.64- 608.48- 429.86
Profitability
EBIT-%
ROA2.5 %18.1 %1.2 %6.3 %6.7 %
ROE1.9 %16.2 %0.9 %5.4 %5.7 %
ROI2.6 %18.7 %1.2 %6.4 %6.9 %
Economic value added (EVA)- 912.581 500.58-1 524.66-1 327.13-1 240.85
Solvency
Equity ratio86.1 %90.0 %92.3 %92.4 %93.0 %
Gearing5.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.20.612.51.40.5
Current ratio2.20.44.40.80.4
Cash and cash equivalents2 191.68413.692 023.64608.48429.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:6.67%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.0%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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