MJ SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34692793
Dæmningen 44 A, 7100 Vejle

Credit rating

Company information

Official name
MJ SØRENSEN HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About MJ SØRENSEN HOLDING ApS

MJ SØRENSEN HOLDING ApS (CVR number: 34692793) is a company from VEJLE. The company recorded a gross profit of 3 kDKK in 2023. The operating profit was 3 kDKK, while net earnings were -139.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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. MJ SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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-4.63-76.51-7.36-17.182.95
EBIT-4.63-76.51-7.36-17.182.95
Net earnings3 024.63- 145.77- 185.18-67.06- 139.74
Shareholders equity total3 430.731 661.331 419.651 294.891 155.15
Balance sheet total (assets)3 439.731 912.281 976.131 920.831 786.57
Net debt-1 597.17223.97484.19564.48568.44
Profitability
EBIT-%
ROA154.4 %-5.3 %-8.4 %-2.6 %-6.4 %
ROE155.5 %-5.7 %-12.0 %-4.9 %-11.4 %
ROI154.9 %-5.3 %-8.6 %-2.7 %-6.6 %
Economic value added (EVA)19.28- 167.62-90.27-88.52-62.11
Solvency
Equity ratio99.7 %86.9 %71.8 %67.4 %64.7 %
Gearing14.2 %34.1 %43.6 %49.2 %
Relative net indebtedness %
Liquidity
Quick ratio257.94.11.31.00.8
Current ratio257.94.11.31.00.8
Cash and cash equivalents1 597.1711.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-6.38%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.7%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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