STORMWEAR ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About STORMWEAR ApS
STORMWEAR ApS (CVR number: 30531353) is a company from FAVRSKOV. The company recorded a gross profit of -28.6 kDKK in 2023. The operating profit was -28.6 kDKK, while net earnings were 839.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 64 %, which can be considered excellent and Return on Equity (ROE) was 123.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. STORMWEAR 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -46.51 | -21.58 | -20.41 | -16.88 | -28.57 |
EBIT | -46.51 | -21.58 | -20.41 | -16.88 | -28.57 |
Net earnings | 580.59 | 289.49 | 131.98 | -1 044.46 | 839.82 |
Shareholders equity total | 255.71 | 545.20 | 677.17 | - 367.29 | 472.52 |
Balance sheet total (assets) | 543.67 | 1 660.71 | 1 861.49 | 888.48 | 1 627.49 |
Net debt | - 330.89 | - 623.10 | - 756.46 | 328.68 | - 613.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 85.0 % | 28.0 % | 9.6 % | -1.1 % | 64.0 % |
ROE | 97.3 % | 72.3 % | 21.6 % | -133.4 % | 123.4 % |
ROI | 93.2 % | 30.2 % | 10.1 % | -1.1 % | 68.5 % |
Economic value added (EVA) | 18.86 | -7.34 | 35.64 | 42.64 | 34.54 |
Solvency | |||||
Equity ratio | 47.0 % | 32.8 % | 36.4 % | -29.2 % | 29.0 % |
Gearing | 81.4 % | 190.3 % | 163.2 % | -331.4 % | 212.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.5 | 1.6 | 0.7 | 1.4 |
Current ratio | 1.9 | 1.5 | 1.6 | 0.7 | 1.4 |
Cash and cash equivalents | 539.10 | 1 660.71 | 1 861.49 | 888.48 | 1 619.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BBB | BBB | BB | BBB |
Variable visualization
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