ERIK SØRENSEN BYG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 15 694.57 | 19 844.22 | 13 251.13 | 26 376.14 | 19 668.13 |
EBIT | 24 772.94 | 160 772.57 | -27 352.10 | 4 397.33 | 8 635.07 |
Net earnings | 13 972.56 | 132 274.01 | -24 519.67 | -37 741.22 | 2 873.60 |
Shareholders equity total | 157 641.57 | 288 915.57 | 262 395.91 | 223 654.68 | 225 528.28 |
Balance sheet total (assets) | 531 851.88 | 731 727.22 | 674 087.45 | 646 092.03 | 646 754.28 |
Net debt | 267 912.36 | 286 894.25 | 292 082.77 | 326 723.22 | 322 008.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.1 % | 27.2 % | -2.0 % | -4.4 % | 2.1 % |
ROE | 9.2 % | 59.2 % | -8.9 % | -15.5 % | 1.3 % |
ROI | 5.2 % | 27.5 % | -2.0 % | -4.5 % | 2.1 % |
Economic value added (EVA) | -5 324.52 | 99 679.31 | -56 972.51 | -29 931.72 | -23 387.71 |
Solvency | |||||
Equity ratio | 29.8 % | 39.6 % | 39.1 % | 34.7 % | 35.0 % |
Gearing | 207.9 % | 124.9 % | 129.8 % | 157.9 % | 156.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.4 | 1.5 | 2.7 | 1.4 | 1.3 |
Current ratio | 3.7 | 1.4 | 2.4 | 1.3 | 1.2 |
Cash and cash equivalents | 59 893.89 | 74 078.67 | 48 545.09 | 26 342.52 | 29 847.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | A | AA |
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