KNUD E. SØRENSEN A/S — Credit Rating and Financial Key Figures

CVR number: 75155212
Danmarksgade 81 A, 9900 Frederikshavn
tel: 98424222

Company information

Official name
KNUD E. SØRENSEN A/S
Personnel
1 person
Established
1984
Company form
Limited company
Industry

About KNUD E. SØRENSEN A/S

KNUD E. SØRENSEN A/S (CVR number: 75155212) is a company from FREDERIKSHAVN. The company recorded a gross profit of 178.7 kDKK in 2023. The operating profit was 190.5 kDKK, while net earnings were 460.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 82.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KNUD E. SØRENSEN A/S's liquidity measured by quick ratio was 5.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit242.37276.82228.2880.17178.70
EBIT169.98204.03226.1262.57190.50
Net earnings263.79225.89494.86110.40460.18
Shareholders equity total5 118.775 344.665 839.525 949.926 410.10
Balance sheet total (assets)6 820.376 937.527 321.127 419.167 764.74
Net debt- 161.82- 285.05- 661.99- 500.00- 981.36
Profitability
EBIT-%
ROA5.9 %5.0 %9.5 %2.7 %8.3 %
ROE5.3 %4.3 %8.8 %1.9 %7.4 %
ROI6.2 %5.4 %10.2 %2.9 %8.7 %
Economic value added (EVA)- 109.00-84.70-70.49- 206.84- 105.07
Solvency
Equity ratio75.1 %77.0 %79.8 %80.2 %82.6 %
Gearing23.0 %20.6 %17.6 %20.2 %15.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.74.14.94.55.1
Current ratio3.74.14.94.55.1
Cash and cash equivalents1 336.761 388.131 689.181 700.011 962.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.34%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.6%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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