OTTO SØRENSEN A/S

OTTO SØRENSEN A/S (CVR number: 13452644) is a company from SYDDJURS. The company recorded a gross profit of 3480.7 kDKK in 2023. The operating profit was 533.3 kDKK, while net earnings were 448.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. OTTO SØRENSEN A/S'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.