KRAGH SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRAGH SØRENSEN HOLDING ApS
KRAGH SØRENSEN HOLDING ApS (CVR number: 26992133) is a company from AARHUS. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of 315.1 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were 48.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.3 %, 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. KRAGH SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 212.00 | 170.19 | -8.06 | -7.97 | -33.08 |
Gross profit | 207.50 | 165.45 | -11.72 | -14.22 | -41.70 |
EBIT | 207.50 | 165.45 | -11.72 | -14.22 | -41.70 |
Net earnings | 207.48 | 163.23 | -82.28 | 64.17 | 48.16 |
Shareholders equity total | 755.22 | 815.99 | 608.85 | 545.04 | 478.57 |
Balance sheet total (assets) | 1 003.71 | 921.99 | 668.09 | 658.09 | 690.92 |
Net debt | - 238.99 | - 342.61 | - 411.56 | - 337.44 | - 353.46 |
Profitability | |||||
EBIT-% | 97.9 % | 97.2 % | |||
ROA | 23.6 % | 17.2 % | -1.2 % | 13.5 % | 13.6 % |
ROE | 29.4 % | 20.8 % | -11.5 % | 11.1 % | 9.4 % |
ROI | 23.7 % | 18.2 % | -1.4 % | 14.4 % | 12.5 % |
Economic value added (EVA) | 197.75 | 185.26 | -13.87 | -14.90 | -28.77 |
Solvency | |||||
Equity ratio | 75.2 % | 88.5 % | 91.1 % | 82.8 % | 69.3 % |
Gearing | 32.6 % | 0.2 % | 0.3 % | 16.2 % | 38.2 % |
Relative net indebtedness % | -111.8 % | -140.2 % | 4396.0 % | 3922.9 % | 979.7 % |
Liquidity | |||||
Quick ratio | 2.2 | 10.6 | 9.4 | 5.0 | 3.1 |
Current ratio | 2.2 | 10.6 | 9.4 | 5.0 | 3.1 |
Cash and cash equivalents | 485.47 | 344.56 | 413.51 | 425.75 | 536.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 139.8 % | 287.5 % | -2304.3 % | -470.5 % | 176.2 % |
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BB |
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