MJ SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MJ SØRENSEN HOLDING ApS
MJ SØRENSEN HOLDING ApS (CVR number: 34692793) is a company from VEJLE. The company recorded a gross profit of 6.6 kDKK in 2024. The operating profit was 6.6 kDKK, while net earnings were -410.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent but Return on Equity (ROE) was -44.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MJ SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -76.51 | -7.36 | -17.18 | 2.95 | 6.63 |
EBIT | -76.51 | -7.36 | -17.18 | 2.95 | 6.63 |
Net earnings | - 145.77 | - 185.18 | -67.06 | - 139.74 | - 410.05 |
Shareholders equity total | 1 661.33 | 1 419.65 | 1 294.89 | 1 155.15 | 684.10 |
Balance sheet total (assets) | 1 912.28 | 1 976.13 | 1 920.83 | 1 786.57 | 1 316.12 |
Net debt | 223.97 | 484.19 | 564.48 | 568.44 | 615.11 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.3 % | -8.4 % | -2.6 % | -6.4 % | 18.5 % |
ROE | -5.7 % | -12.0 % | -4.9 % | -11.4 % | -44.6 % |
ROI | -5.3 % | -8.6 % | -2.7 % | -6.6 % | -25.7 % |
Economic value added (EVA) | - 248.91 | - 102.66 | - 112.85 | -90.48 | -79.99 |
Solvency | |||||
Equity ratio | 86.9 % | 71.8 % | 67.4 % | 64.7 % | 52.0 % |
Gearing | 14.2 % | 34.1 % | 43.6 % | 49.2 % | 89.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.1 | 1.3 | 1.0 | 0.8 | 0.7 |
Current ratio | 4.1 | 1.3 | 1.0 | 0.8 | 0.7 |
Cash and cash equivalents | 11.29 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
Variable visualization
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