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 1574.9 mDKK in 2023. The operating profit percentage was poor at -21.6 % (EBIT: -340.2 mDKK), while net earnings were -353.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was -28 %, which can be considered poor and Return on Equity (ROE) was -29.6 %, 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 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 239.58 | 412.36 | 222.24 | 1 574.91 | |
Gross profit | -79.24 | -93.53 | - 339.64 | -1 148.70 | 177.83 |
EBIT | -79.24 | -93.53 | - 339.64 | -1 429.69 | - 340.22 |
Net earnings | - 160.10 | - 217.21 | - 553.47 | -1 438.26 | - 353.87 |
Shareholders equity total | - 155.28 | - 372.50 | |||
Balance sheet total (assets) | 397.74 | 409.07 | 748.61 | 1 256.12 | 1 136.19 |
Net debt | 232.74 | 218.32 | |||
Profitability | |||||
EBIT-% | -33.1 % | -22.7 % | -152.8 % | -21.6 % | |
ROA | -18.9 % | -14.0 % | -44.4 % | -142.6 % | -28.0 % |
ROE | 212.8 % | 82.3 % | 297.2 % | -229.0 % | -29.6 % |
ROI | -26.2 % | -14.0 % | -44.4 % | -282.6 % | -134.3 % |
Economic value added (EVA) | -73.05 | -85.73 | - 320.92 | -1 429.69 | - 340.09 |
Solvency | |||||
Equity ratio | |||||
Gearing | |||||
Relative net indebtedness % | 39.4 % | ||||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | |||
Current ratio | 1.2 | 1.4 | |||
Cash and cash equivalents | 2.65 | 15.34 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.8 | ||||
Net working capital % | 16.2 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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