STRAIGHTFORWARD HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 36016981
Højvangsvej 10, Hadbjerg 8370 Hadsten

Credit rating

Company information

Official name
STRAIGHTFORWARD HOLDING A/S
Established
2014
Domicile
Hadbjerg
Company form
Limited company
Industry
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About STRAIGHTFORWARD HOLDING A/S

STRAIGHTFORWARD HOLDING A/S (CVR number: 36016981) is a company from FAVRSKOV. The company recorded a gross profit of -22.6 kDKK in 2024. The operating profit was -22.6 kDKK, while net earnings were 3608.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.9 %, which can be considered excellent and Return on Equity (ROE) was 20.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -11.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. STRAIGHTFORWARD HOLDING A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-14.77-7.75-13.24-21.97-22.63
EBIT-14.77-7.75-13.24-21.97-22.63
Net earnings1 875.43-1 798.53-3 964.90-6 395.153 608.42
Shareholders equity total5 574.703 770.45- 195.55-6 550.70-2 942.27
Balance sheet total (assets)26 396.3222 353.8318 926.3513 551.6822 236.69
Net debt20 595.0617 971.9818 743.3819 849.4124 865.23
Profitability
EBIT-%
ROA10.4 %-4.4 %-15.4 %-27.6 %18.9 %
ROE40.4 %-38.5 %-34.9 %-39.4 %20.2 %
ROI10.5 %-4.5 %-15.7 %-28.0 %19.1 %
Economic value added (EVA)871.95910.09787.12816.26861.97
Solvency
Equity ratio21.1 %16.9 %-1.0 %-32.6 %-11.7 %
Gearing369.4 %476.7 %-9656.7 %-303.0 %-845.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.3
Current ratio0.10.10.10.10.3
Cash and cash equivalents3.04140.380.490.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:18.9%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.7%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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