ERLING SØRENSEN EJENDOMME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERLING SØRENSEN EJENDOMME ApS
ERLING SØRENSEN EJENDOMME ApS (CVR number: 52816211) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of -24.8 kDKK in 2024. The operating profit was -308.2 kDKK, while net earnings were 3547.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 77.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ERLING SØRENSEN EJENDOMME 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 531.26 | 5 957.72 | - 567.66 | 7 836.60 | -24.79 |
EBIT | - 858.82 | 5 895.83 | - 629.55 | 7 813.24 | - 308.16 |
Net earnings | - 959.08 | 8 104.13 | -3 522.75 | 8 414.34 | 3 547.36 |
Shareholders equity total | 24 848.05 | 32 952.18 | 29 429.43 | 37 843.77 | 41 391.12 |
Balance sheet total (assets) | 48 519.44 | 61 523.52 | 56 003.17 | 53 146.17 | 53 544.85 |
Net debt | 23 112.91 | 28 002.47 | 26 287.69 | 14 226.10 | 9 365.20 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.4 % | 19.0 % | 1.3 % | 21.2 % | 9.1 % |
ROE | -3.8 % | 28.0 % | -11.3 % | 25.0 % | 9.0 % |
ROI | -0.4 % | 19.1 % | 1.3 % | 21.4 % | 9.3 % |
Economic value added (EVA) | -2 993.96 | 2 761.48 | -2 630.95 | 4 256.83 | -2 476.07 |
Solvency | |||||
Equity ratio | 51.2 % | 53.6 % | 52.5 % | 71.2 % | 77.3 % |
Gearing | 94.1 % | 85.5 % | 89.8 % | 37.9 % | 26.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.8 | 0.3 | 0.6 | 1.3 |
Current ratio | 0.0 | 0.8 | 0.3 | 0.6 | 1.3 |
Cash and cash equivalents | 267.38 | 171.07 | 142.53 | 114.94 | 1 726.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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