STORMGADE ApS — Credit Rating and Financial Key Figures

CVR number: 26686210
Kærhavegårdvej 87, 9270 Klarup

Credit rating

Company information

Official name
STORMGADE ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About STORMGADE ApS

STORMGADE ApS (CVR number: 26686210) is a company from AALBORG. The company recorded a gross profit of 466.6 kDKK in 2023. The operating profit was 229.1 kDKK, while net earnings were 95.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. STORMGADE ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit245.22481.08477.88538.83466.63
EBIT-38.93259.53277.01352.28229.09
Net earnings-39.36148.07164.28199.4795.36
Shareholders equity total2 703.632 851.703 015.992 915.452 710.82
Balance sheet total (assets)10 495.4210 438.9110 490.4010 335.1610 102.64
Net debt6 585.066 383.946 233.605 845.135 631.29
Profitability
EBIT-%
ROA0.3 %2.5 %2.7 %3.4 %2.2 %
ROE-1.4 %5.3 %5.6 %6.7 %3.4 %
ROI0.3 %2.6 %2.8 %3.5 %2.3 %
Economic value added (EVA)- 473.87- 252.03- 235.70- 177.69- 249.16
Solvency
Equity ratio25.8 %27.3 %28.7 %28.2 %26.8 %
Gearing250.8 %229.3 %208.8 %208.2 %220.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.80.80.5
Current ratio0.50.70.80.80.5
Cash and cash equivalents195.57155.7864.63223.53351.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:2.24%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.8%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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