E. SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32788289
Vester Kirkebakke 18, Mejrup 7500 Holstebro

Company information

Official name
E. SØRENSEN HOLDING ApS
Established
2010
Domicile
Mejrup
Company form
Private limited company
Industry

About E. SØRENSEN HOLDING ApS

E. SØRENSEN HOLDING ApS (CVR number: 32788289) is a company from HOLSTEBRO. The company recorded a gross profit of 200.6 kDKK in 2023. The operating profit was 93.9 kDKK, while net earnings were 748.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. E. SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 5.8 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit177.88215.74213.17218.12200.62
EBIT81.71108.59106.02110.9793.90
Net earnings298.221 046.4215.81640.03748.90
Shareholders equity total6 569.097 560.227 519.528 102.358 792.35
Balance sheet total (assets)7 899.858 758.168 555.009 617.5210 319.33
Net debt-4 258.38-5 340.88-4 818.37-6 025.43-7 132.20
Profitability
EBIT-%
ROA8.0 %15.0 %7.7 %8.8 %9.6 %
ROE4.6 %14.8 %0.2 %8.2 %8.9 %
ROI8.1 %15.3 %7.8 %8.9 %9.8 %
Economic value added (EVA)25.6555.4345.0421.5967.91
Solvency
Equity ratio83.2 %86.3 %87.9 %84.2 %85.2 %
Gearing18.5 %11.3 %12.3 %16.8 %14.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.45.76.75.25.8
Current ratio4.45.76.75.25.8
Cash and cash equivalents5 473.006 191.555 740.657 387.308 377.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.61%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.2%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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