Stornord ApS
Credit rating
Company information
About Stornord ApS
Stornord ApS (CVR number: 35521313) is a company from GRIBSKOV. The company reported a net sales of 0.4 mDKK in 2023. The operating profit percentage was at 26.5 % (EBIT: 0.1 mDKK), while net earnings were 73.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.6 %, which can be considered excellent and Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.2 %, 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. Stornord ApS's liquidity measured by quick ratio was 2.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 163.85 | 139.84 | 353.80 | ||
Gross profit | 11.05 | -29.13 | -57.30 | -67.71 | 107.36 |
EBIT | 2.48 | -29.93 | -57.30 | -67.71 | 93.79 |
Net earnings | 50.02 | -38.03 | -64.82 | -67.80 | 73.17 |
Shareholders equity total | 417.04 | 370.00 | 307.59 | 243.81 | 341.63 |
Balance sheet total (assets) | 635.55 | 752.30 | 692.38 | 699.87 | 500.70 |
Net debt | -61.15 | -37.35 | 0.00 | 0.35 | -4.49 |
Profitability | |||||
EBIT-% | 1.5 % | -21.4 % | 26.5 % | ||
ROA | 8.1 % | -4.1 % | -7.4 % | -9.7 % | 15.6 % |
ROE | 12.9 % | -9.7 % | -19.1 % | -24.6 % | 25.0 % |
ROI | 13.5 % | -7.2 % | -15.8 % | -24.5 % | 32.0 % |
Economic value added (EVA) | -15.64 | -47.82 | -74.02 | -83.17 | 60.91 |
Solvency | |||||
Equity ratio | 65.6 % | 49.2 % | 44.4 % | 34.8 % | 68.2 % |
Gearing | 0.0 % | 0.1 % | |||
Relative net indebtedness % | 96.0 % | 246.7 % | 43.7 % | ||
Liquidity | |||||
Quick ratio | 0.3 | 0.1 | 2.9 | ||
Current ratio | 0.3 | 0.1 | 2.9 | ||
Cash and cash equivalents | 61.15 | 37.35 | 4.49 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 77.2 | ||||
Net working capital % | -133.3 % | -265.9 % | 85.3 % | ||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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