FLEMMING SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10055067
Trigevej 54, Søften 8382 Hinnerup
tel: 86985770

Company information

Official name
FLEMMING SØRENSEN HOLDING ApS
Established
2000
Domicile
Søften
Company form
Private limited company
Industry

About FLEMMING SØRENSEN HOLDING ApS

FLEMMING SØRENSEN HOLDING ApS (CVR number: 10055067) is a company from FAVRSKOV. The company recorded a gross profit of -21.5 kDKK in 2023. The operating profit was -21.5 kDKK, while net earnings were 369.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEMMING SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 8.3 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 profit96.58110.471 252.89-24.94-21.50
EBIT18.9832.861 252.89-24.94-21.50
Net earnings408.29247.471 275.51442.04369.17
Shareholders equity total1 991.941 709.492 872.002 314.042 565.41
Balance sheet total (assets)3 677.123 690.933 036.432 430.682 757.85
Net debt228.7884.39-1 842.69-1 208.59-1 557.64
Profitability
EBIT-%
ROA12.0 %8.3 %49.4 %23.7 %14.4 %
ROE19.3 %13.4 %55.7 %17.0 %15.1 %
ROI12.4 %9.0 %54.9 %25.0 %15.3 %
Economic value added (EVA)-88.7714.83908.79-11.1728.37
Solvency
Equity ratio54.2 %46.3 %94.6 %95.2 %93.0 %
Gearing75.3 %81.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.62.213.610.58.3
Current ratio3.62.213.610.58.3
Cash and cash equivalents1 272.061 313.781 842.691 208.591 557.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.0%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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