Storstroem Bridge Joint Venture I/S — Credit Rating and Financial Key Figures

CVR number: 39387166
Hollandsvej 3, 4760 Vordingborg
tel: 32225723

Company information

Official name
Storstroem Bridge Joint Venture I/S
Personnel
560 persons
Established
2018
Company form
General partnership
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales239.58412.36222.241 574.91
Gross profit-79.24-93.53- 339.64-1 148.70177.83
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)397.74409.07748.611 256.121 136.19
Net debt232.74218.32
Profitability
EBIT-%-33.1 %-22.7 %-152.8 %-21.6 %
ROA-18.9 %-14.0 %-44.4 %-142.6 %-28.0 %
ROE212.8 %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 ratio1.11.5
Current ratio1.21.4
Cash and cash equivalents2.6515.34
Capital use efficiency
Trade debtors turnover (days)0.8
Net working capital %16.2 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-28.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable

Roles

Chief executive officer

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