STORMGADE 8 ApS — Credit Rating and Financial Key Figures

CVR number: 35228136
Stormgade 8, 1470 København K

Company information

Official name
STORMGADE 8 ApS
Established
2013
Company form
Private limited company
Industry

About STORMGADE 8 ApS

STORMGADE 8 ApS (CVR number: 35228136) is a company from KØBENHAVN. The company recorded a gross profit of 20 kDKK in 2023. The operating profit was -1747.8 kDKK, while net earnings were -2659.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.7 %, which can be considered poor and Return on Equity (ROE) was -62.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.6 %, 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. STORMGADE 8 ApS's liquidity measured by quick ratio was 2.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit-36.57-27.77-16.158.8419.99
EBIT-40.51-27.77-20.52- 317.74-1 747.83
Net earnings1 984.25596.95- 208.90422.40-2 659.08
Shareholders equity total4 873.835 369.085 160.185 582.582 923.50
Balance sheet total (assets)7 383.566 622.157 362.096 791.144 669.36
Net debt-3 885.32-5 524.78-4 557.47-4 884.27-2 055.59
Profitability
EBIT-%
ROA38.1 %19.6 %9.6 %13.3 %-28.7 %
ROE47.2 %11.7 %-4.0 %7.9 %-62.5 %
ROI39.5 %20.5 %9.8 %13.4 %-29.1 %
Economic value added (EVA)0.6232.6745.55- 125.95-1 721.05
Solvency
Equity ratio66.0 %81.1 %70.1 %82.2 %62.6 %
Gearing42.5 %19.9 %42.4 %19.3 %59.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.75.33.15.22.6
Current ratio2.75.33.15.22.6
Cash and cash equivalents5 955.116 594.146 744.055 961.143 780.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBABB

Variable visualization

ROA:-28.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.6%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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