M. Sommer Holding, Hjørring ApS — Credit Rating and Financial Key Figures

CVR number: 40370595
Vidstrupvej 145, 9800 Hjørring

Credit rating

Company information

Official name
M. Sommer Holding, Hjørring ApS
Established
2019
Company form
Private limited company
Industry

About M. Sommer Holding, Hjørring ApS

M. Sommer Holding, Hjørring ApS (CVR number: 40370595) is a company from HJØRRING. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -19.1 % compared to the previous year. The operating profit percentage was at 98.2 % (EBIT: 0.5 mDKK), while net earnings were 466.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. Sommer Holding, Hjørring ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales278.45234.09882.00586.98475.12
Gross profit270.33225.72874.12578.76466.58
EBIT270.33225.72874.12578.76466.58
Net earnings271.35223.04873.21576.40466.15
Shareholders equity total3 009.883 122.323 882.534 344.534 692.88
Balance sheet total (assets)3 096.223 169.943 941.934 406.014 743.15
Net debt78.8440.1251.9051.7140.61
Profitability
EBIT-%97.1 %96.4 %99.1 %98.6 %98.2 %
ROA9.0 %7.3 %24.6 %13.9 %10.2 %
ROE9.3 %7.3 %24.9 %14.0 %10.3 %
ROI9.0 %7.4 %24.6 %13.9 %10.3 %
Economic value added (EVA)120.6064.05715.21381.05245.55
Solvency
Equity ratio97.2 %98.5 %98.5 %98.6 %98.9 %
Gearing2.6 %1.3 %1.3 %1.2 %0.9 %
Relative net indebtedness %31.0 %20.3 %6.7 %10.1 %10.1 %
Liquidity
Quick ratio0.60.00.00.01.3
Current ratio0.60.00.00.01.3
Cash and cash equivalents2.262.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-12.8 %-20.2 %-6.7 %-10.1 %3.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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