Sorensen & Co. ApS — Credit Rating and Financial Key Figures

CVR number: 38930273
Sophus Bauditz Vej 16, 8230 Åbyhøj
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Company information

Official name
Sorensen & Co. ApS
Established
2017
Company form
Private limited company
Industry

About Sorensen & Co. ApS

Sorensen & Co. ApS (CVR number: 38930273) is a company from AARHUS. The company recorded a gross profit of -6.9 kDKK in 2022. The operating profit was -6.9 kDKK, while net earnings were -7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.4 %, which can be considered poor and Return on Equity (ROE) was -13.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Sorensen & Co. ApS's liquidity measured by quick ratio was 5.4 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit662.34-30.53-27.56-9.98-6.92
EBIT281.94- 138.84-27.56-9.98-6.92
Net earnings221.53- 124.33-27.73-10.54-7.45
Shareholders equity total221.5397.2069.4758.9351.47
Balance sheet total (assets)354.01118.9583.0970.0563.10
Net debt- 189.71- 117.20-80.73-68.31-57.97
Profitability
EBIT-%
ROA80.9 %-57.0 %-27.3 %-13.0 %-10.4 %
ROE100.0 %-78.0 %-33.3 %-16.4 %-13.5 %
ROI121.3 %-80.5 %-32.4 %-15.2 %-12.3 %
Economic value added (EVA)218.99- 127.15-24.46-9.33-6.40
Solvency
Equity ratio62.6 %81.7 %83.6 %84.1 %81.6 %
Gearing0.7 %1.7 %2.3 %1.9 %2.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.05.56.16.35.4
Current ratio3.05.56.16.35.4
Cash and cash equivalents191.27118.8382.3569.4459.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCBBB

Variable visualization

ROA:-10.4%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.6%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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