KJELD NORMAN SØRENSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KJELD NORMAN SØRENSEN ApS
KJELD NORMAN SØRENSEN ApS (CVR number: 71109518) is a company from GENTOFTE. The company recorded a gross profit of 154 kDKK in 2024. The operating profit was -540.3 kDKK, while net earnings were -446.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.8 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.3 %, 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. KJELD NORMAN SØRENSEN ApS's liquidity measured by quick ratio was 5.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 129.46 | 122.41 | 197.56 | 171.31 | 154.00 |
| EBIT | 113.48 | 106.43 | 181.67 | 155.23 | - 540.29 |
| Net earnings | 188.56 | 51.50 | 118.43 | 123.27 | - 446.50 |
| Shareholders equity total | 3 877.86 | 3 616.36 | 3 734.78 | 3 858.05 | 3 411.55 |
| Balance sheet total (assets) | 5 811.66 | 5 260.81 | 5 242.00 | 5 305.10 | 4 680.11 |
| Net debt | -27.74 | 227.12 | 185.52 | 85.28 | -30.96 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.6 % | 1.9 % | 3.6 % | 3.7 % | -10.8 % |
| ROE | 5.0 % | 1.4 % | 3.2 % | 3.2 % | -12.3 % |
| ROI | 4.8 % | 2.0 % | 3.7 % | 3.8 % | -11.1 % |
| Economic value added (EVA) | - 186.62 | - 198.02 | - 106.13 | - 134.82 | - 681.79 |
| Solvency | |||||
| Equity ratio | 68.1 % | 69.9 % | 72.5 % | 74.0 % | 74.3 % |
| Gearing | 26.6 % | 20.7 % | 18.8 % | 17.2 % | 18.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.6 | 2.5 | 4.1 | 5.4 | 5.3 |
| Current ratio | 2.0 | 1.8 | 2.5 | 3.0 | 3.1 |
| Cash and cash equivalents | 1 057.91 | 521.86 | 517.59 | 576.82 | 646.24 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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