MICHAEL SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31168740
Terlings Alle 3, 6000 Kolding
Free credit report Annual report

Credit rating

Company information

Official name
MICHAEL SØRENSEN HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About MICHAEL SØRENSEN HOLDING ApS

MICHAEL SØRENSEN HOLDING ApS (CVR number: 31168740) is a company from KOLDING. The company recorded a gross profit of -11.6 kDKK in 2024. The operating profit was -11.6 kDKK, while net earnings were 89.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 8.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-6.81-7.85-8.54-9.15-11.58
EBIT-6.81-7.85-8.54-9.15-11.58
Net earnings721.51633.45708.69586.5489.43
Shareholders equity total5 746.696 267.146 861.447 330.187 297.60
Balance sheet total (assets)6 520.066 423.547 107.887 661.297 727.23
Net debt768.32143.55232.68325.70423.68
Profitability
EBIT-%
ROA12.1 %10.0 %10.9 %8.4 %1.5 %
ROE13.3 %10.5 %10.8 %8.3 %1.2 %
ROI12.1 %10.0 %10.9 %8.4 %1.5 %
Economic value added (EVA)- 298.71- 333.45- 328.64- 363.53- 392.88
Solvency
Equity ratio88.1 %97.6 %96.5 %95.7 %94.4 %
Gearing13.4 %2.3 %3.4 %4.4 %5.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.713.010.09.18.2
Current ratio2.713.010.09.18.2
Cash and cash equivalents0.420.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:1.49%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.4%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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