ERIK SØRENSEN BYG A/S — Credit Rating and Financial Key Figures

CVR number: 76500517
Sønder Tranders Vej 163 B, 9260 Gistrup
tel: 40596869

Company information

Official name
ERIK SØRENSEN BYG A/S
Personnel
12 persons
Established
1984
Company form
Limited company
Industry

About ERIK SØRENSEN BYG A/S

ERIK SØRENSEN BYG A/S (CVR number: 76500517) is a company from AALBORG. The company recorded a gross profit of 19.7 mDKK in 2024. The operating profit was 8635.1 kDKK, while net earnings were 2873.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 35 %, 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. ERIK SØRENSEN BYG A/S'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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15 694.5719 844.2213 251.1326 376.1419 668.13
EBIT24 772.94160 772.57-27 352.104 397.338 635.07
Net earnings13 972.56132 274.01-24 519.67-37 741.222 873.60
Shareholders equity total157 641.57288 915.57262 395.91223 654.68225 528.28
Balance sheet total (assets)531 851.88731 727.22674 087.45646 092.03646 754.28
Net debt267 912.36286 894.25292 082.77326 723.22322 008.83
Profitability
EBIT-%
ROA5.1 %27.2 %-2.0 %-4.4 %2.1 %
ROE9.2 %59.2 %-8.9 %-15.5 %1.3 %
ROI5.2 %27.5 %-2.0 %-4.5 %2.1 %
Economic value added (EVA)-5 324.5299 679.31-56 972.51-29 931.72-23 387.71
Solvency
Equity ratio29.8 %39.6 %39.1 %34.7 %35.0 %
Gearing207.9 %124.9 %129.8 %157.9 %156.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.41.52.71.41.3
Current ratio3.71.42.41.31.2
Cash and cash equivalents59 893.8974 078.6748 545.0926 342.5229 847.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:2.05%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.0%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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