Sørensen & Balle Holding ApS — Credit Rating and Financial Key Figures

Sørensen & Balle Holding ApS (CVR number: 41506466) is a company from VEJLE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of -348.5 % compared to the previous year. The operating profit percentage was at 89.8 % (EBIT: 0.1 mDKK), while net earnings were 67.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 84.8 %, which can be considered excellent and Return on Equity (ROE) was 129.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.4 %, 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. Sørensen & Balle Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.