Storstroem Bridge Joint Venture I/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Storstroem Bridge Joint Venture I/S
Storstroem Bridge Joint Venture I/S (CVR number: 39387166) is a company from VORDINGBORG. The company reported a net sales of 1040.2 mDKK in 2024, demonstrating a decline of -33.9 % compared to the previous year. The operating profit percentage was poor at -69.8 % (EBIT: -726.4 mDKK), while net earnings were -740.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -54.2 %, which can be considered poor and Return on Equity (ROE) was -57.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Storstroem Bridge Joint Venture I/S's liquidity measured by quick ratio was 1.7 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 412.36 | 222.24 | 1 574.91 | 1 040.24 | |
Gross profit | -93.53 | - 339.64 | -1 148.70 | 177.83 | - 166.75 |
EBIT | -93.53 | - 339.64 | -1 148.70 | - 340.22 | - 726.38 |
Net earnings | - 217.21 | - 553.47 | -1 438.26 | - 353.87 | - 740.92 |
Shareholders equity total | - 372.50 | ||||
Balance sheet total (assets) | 409.07 | 748.61 | 1 256.12 | 1 136.19 | 1 433.14 |
Net debt | 218.32 | 543.08 | |||
Profitability | |||||
EBIT-% | -22.7 % | -152.8 % | -21.6 % | -69.8 % | |
ROA | -14.0 % | -44.4 % | -114.6 % | -28.0 % | -54.2 % |
ROE | 82.3 % | 297.2 % | -62.3 % | -57.7 % | |
ROI | -14.0 % | -44.4 % | -114.6 % | -44.9 % | -176.5 % |
Economic value added (EVA) | -85.73 | - 320.92 | -1 148.70 | - 340.22 | - 738.20 |
Solvency | |||||
Equity ratio | |||||
Gearing | |||||
Relative net indebtedness % | 39.4 % | 69.4 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.7 | |||
Current ratio | 1.4 | 1.7 | |||
Cash and cash equivalents | 15.34 | 11.44 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.8 | 6.7 | |||
Net working capital % | 16.2 % | 51.4 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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