MICHAEL SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31168740
Terlings Alle 3, 6000 Kolding

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 -9.2 kDKK in 2023. The operating profit was -9.2 kDKK, while net earnings were 586.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good and Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.7 %, 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 9.1 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 profit-6.77-6.81-7.85-8.54-9.15
EBIT-6.77-6.81-7.85-8.54-9.15
Net earnings466.22721.51633.45708.69586.54
Shareholders equity total5 135.785 746.696 267.146 861.447 330.18
Balance sheet total (assets)5 813.966 520.066 423.547 107.887 661.29
Net debt671.71768.32143.55232.68325.70
Profitability
EBIT-%
ROA8.6 %12.1 %10.0 %10.9 %8.4 %
ROE9.4 %13.3 %10.5 %10.8 %8.3 %
ROI8.6 %12.1 %10.0 %10.9 %8.4 %
Economic value added (EVA)139.93121.31110.9394.1784.28
Solvency
Equity ratio88.3 %88.1 %97.6 %96.5 %95.7 %
Gearing13.1 %13.4 %2.3 %3.4 %4.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.713.010.09.1
Current ratio2.52.713.010.09.1
Cash and cash equivalents1.420.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:8.44%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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