TIN SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25917294
Halkærvej 19, Bislev 9240 Nibe
tel: 98357218

Credit rating

Company information

Official name
TIN SØRENSEN HOLDING ApS
Established
2001
Domicile
Bislev
Company form
Private limited company
Industry

About TIN SØRENSEN HOLDING ApS

TIN SØRENSEN HOLDING ApS (CVR number: 25917294) is a company from AALBORG. The company reported a net sales of -0 mDKK in 2023, demonstrating a decline of -101.6 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0 mDKK), while net earnings were -0.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.5 %, 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. TIN 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales114.28129.47168.75166.38-2.74
Gross profit114.18129.31168.60164.72-5.09
EBIT114.18129.31168.60164.72-5.09
Net earnings116.14130.84168.06165.69-0.47
Shareholders equity total1 016.871 047.711 115.771 171.461 053.99
Balance sheet total (assets)1 069.131 174.541 304.751 445.561 434.97
Net debt- 431.63- 539.39- 407.06- 139.25- 444.69
Profitability
EBIT-%99.9 %99.9 %99.9 %99.0 %
ROA11.5 %11.9 %14.0 %12.5 %0.5 %
ROE11.5 %12.7 %15.5 %14.5 %-0.0 %
ROI11.5 %11.9 %14.0 %12.5 %0.5 %
Economic value added (EVA)117.48134.75180.16173.70-6.63
Solvency
Equity ratio95.1 %89.2 %85.5 %81.0 %73.5 %
Gearing5.1 %12.1 %16.9 %23.4 %34.8 %
Relative net indebtedness %-377.7 %-416.6 %-241.2 %-83.7 %15722.1 %
Liquidity
Quick ratio13.86.74.93.93.1
Current ratio13.86.74.93.93.1
Cash and cash equivalents483.89666.22596.04413.35811.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %584.3 %555.5 %440.6 %470.5 %-29877.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.51%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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