STRANDKVIST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About STRANDKVIST ApS
STRANDKVIST ApS (CVR number: 31863341) is a company from RANDERS. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -22.2 % compared to the previous year. The operating profit percentage was poor at -34.3 % (EBIT: -0 mDKK), while net earnings were 2.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. STRANDKVIST ApS's liquidity measured by quick ratio was 1.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 25.41 | 46.92 | 36.49 | ||
Gross profit | -8.81 | -11.50 | -37.96 | -10.86 | -12.52 |
EBIT | - 114.81 | -11.50 | -37.96 | -10.86 | -12.52 |
Net earnings | - 129.95 | - 310.11 | 7.77 | 8.98 | 2.79 |
Shareholders equity total | 517.23 | 151.81 | 159.58 | 168.56 | 171.35 |
Balance sheet total (assets) | 672.10 | 202.19 | 252.38 | 238.24 | 243.99 |
Net debt | - 618.03 | -85.72 | -41.56 | -8.90 | -6.56 |
Profitability | |||||
EBIT-% | -149.4 % | -23.1 % | -34.3 % | ||
ROA | -18.3 % | -72.2 % | 0.9 % | 3.6 % | 0.1 % |
ROE | -21.3 % | -92.7 % | 5.0 % | 5.5 % | 1.6 % |
ROI | -18.5 % | -74.8 % | 1.0 % | 3.9 % | 0.1 % |
Economic value added (EVA) | - 110.47 | -0.13 | -27.88 | -5.35 | -6.48 |
Solvency | |||||
Equity ratio | 77.0 % | 75.1 % | 63.2 % | 70.8 % | 70.2 % |
Gearing | 8.0 % | 17.8 % | 37.9 % | 36.6 % | 36.0 % |
Relative net indebtedness % | -36.2 % | -1.9 % | 12.0 % | ||
Liquidity | |||||
Quick ratio | 13.7 | 2.6 | 1.5 | 1.5 | 1.4 |
Current ratio | 13.7 | 2.6 | 1.5 | 1.5 | 1.4 |
Cash and cash equivalents | 659.63 | 112.81 | 101.99 | 70.57 | 68.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 181.3 % | 75.3 % | 69.7 % | ||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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