FC. Strømmen A/S — Credit Rating and Financial Key Figures

CVR number: 37576174
Knudsminde 2, 8300 Odder
mail@fc-strommen.dk
tel: 43997300

Company information

Official name
FC. Strømmen A/S
Personnel
17 persons
Established
2016
Company form
Limited company
Industry

About FC. Strømmen A/S

FC. Strømmen A/S (CVR number: 37576174) is a company from ODDER. The company recorded a gross profit of 11.2 mDKK in 2023. The operating profit was 857.3 kDKK, while net earnings were 493.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.4 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FC. Strømmen A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit13 053.9910 780.4710 553.2210 469.2611 197.36
EBIT456.60- 345.71699.04639.08857.28
Net earnings285.65- 733.26112.67198.08493.77
Shareholders equity total787.6354.362 167.032 365.112 858.88
Balance sheet total (assets)20 050.6921 993.1022 283.5116 746.2818 025.29
Net debt12 525.2310 307.7610 665.747 968.504 907.12
Profitability
EBIT-%
ROA5.2 %-1.5 %3.2 %3.3 %6.6 %
ROE44.3 %-174.2 %10.1 %8.7 %18.9 %
ROI8.3 %-2.3 %5.3 %5.1 %10.2 %
Economic value added (EVA)328.33- 308.91307.6297.15304.38
Solvency
Equity ratio4.0 %0.3 %10.6 %14.8 %16.4 %
Gearing1591.9 %21728.7 %492.8 %349.1 %247.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.61.00.91.01.0
Current ratio1.01.41.61.91.8
Cash and cash equivalents13.101 504.8113.71287.472 154.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:6.62%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.4%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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