STRØM Bike ApS — Credit Rating and Financial Key Figures

CVR number: 38386077
Hammerensgade 1, 1267 København K
tel: 31347434
www.stroembikes.com

Credit rating

Company information

Official name
STRØM Bike ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About STRØM Bike ApS

STRØM Bike ApS (CVR number: 38386077) is a company from KØBENHAVN. The company recorded a gross profit of 3882.3 kDKK in 2021. The operating profit was 936.9 kDKK, while net earnings were 907.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good but Return on Equity (ROE) was 18.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. STRØM Bike ApS's liquidity measured by quick ratio was 2.1 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-27.93615.431 243.8310 375.483 882.34
EBIT- 722.81- 269.28310.438 357.50936.89
Net earnings- 596.68-43.24341.506 400.77907.79
Shareholders equity total- 650.08- 643.33- 931.825 468.954 406.05
Balance sheet total (assets)8 357.516 437.517 317.267 522.948 088.22
Net debt-8 073.09-2 525.13-6 861.51-4 268.79-7 444.22
Profitability
EBIT-%
ROA-7.9 %-0.4 %4.4 %105.7 %12.0 %
ROE-7.1 %-0.6 %5.0 %100.1 %18.4 %
ROI-50173.9 %-4987.3 %2129.3 %302.8 %19.0 %
Economic value added (EVA)- 564.54162.28474.546 840.85879.10
Solvency
Equity ratio-222.1 %-43.4 %-305.7 %72.7 %54.5 %
Gearing-0.2 %-3.4 %
Relative net indebtedness %
Liquidity
Quick ratio28.24.223.23.62.1
Current ratio0.90.90.93.62.1
Cash and cash equivalents8 074.512 525.136 893.074 268.797 444.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBA

Variable visualization

ROA:12.0%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.5%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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