AAGE SØRENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10081467
Margretevej 81, 7800 Skive

Credit rating

Company information

Official name
AAGE SØRENSEN HOLDING ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About AAGE SØRENSEN HOLDING ApS

AAGE SØRENSEN HOLDING ApS (CVR number: 10081467) is a company from SKIVE. The company recorded a gross profit of -7.5 kDKK in 2020. The operating profit was -67.5 kDKK, while net earnings were 144.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AAGE SØRENSEN HOLDING ApS's liquidity measured by quick ratio was 825.6 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
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit-12.66-7.85-6.92-7.19-7.50
EBIT-72.66-67.85-66.92-67.19-67.50
Net earnings1 005.32-68.8120.43-73.35144.76
Shareholders equity total4 317.174 206.364 176.784 043.434 123.20
Balance sheet total (assets)4 387.054 261.424 268.274 178.724 128.20
Net debt-4 306.35-4 115.35-4 184.68-3 946.31-4 084.46
Profitability
EBIT-%
ROA23.5 %1.5 %0.6 %0.6 %4.7 %
ROE23.3 %-1.6 %0.5 %-1.8 %3.5 %
ROI23.8 %1.5 %0.6 %0.6 %4.7 %
Economic value added (EVA)-56.82-53.49-56.77-52.01-50.98
Solvency
Equity ratio98.4 %98.7 %97.9 %96.8 %99.9 %
Gearing3.2 %
Relative net indebtedness %
Liquidity
Quick ratio62.877.446.730.9825.6
Current ratio62.877.446.730.9825.6
Cash and cash equivalents4 306.354 115.354 184.684 076.604 084.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.74%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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