STORM MARINE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About STORM MARINE ApS
STORM MARINE ApS (CVR number: 33745427) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1961.5 kDKK in 2023. The operating profit was -460.7 kDKK, while net earnings were -430.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.6 %, which can be considered poor and Return on Equity (ROE) was -14.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -18.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. STORM MARINE ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 017.75 | 3 292.94 | 1 594.02 | 2 222.52 | 1 961.50 |
EBIT | 474.03 | 342.97 | - 635.75 | 111.99 | - 460.69 |
Net earnings | 337.51 | 233.34 | - 539.07 | 18.76 | - 430.56 |
Shareholders equity total | 640.97 | 544.31 | - 224.76 | - 206.00 | - 636.56 |
Balance sheet total (assets) | 4 550.27 | 4 012.76 | 2 734.57 | 3 125.96 | 2 784.83 |
Net debt | 2 638.36 | 1 139.78 | 2 202.56 | 2 033.07 | 1 621.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.2 % | 8.2 % | -18.2 % | 3.6 % | -13.6 % |
ROE | 43.7 % | 39.4 % | -32.9 % | 0.6 % | -14.6 % |
ROI | 15.1 % | 10.6 % | -21.4 % | 4.6 % | -20.6 % |
Economic value added (EVA) | 324.13 | 235.62 | - 442.35 | 121.38 | - 336.21 |
Solvency | |||||
Equity ratio | 14.1 % | 13.6 % | -7.6 % | -6.2 % | -18.6 % |
Gearing | 411.6 % | 508.9 % | -1169.3 % | -1111.7 % | -341.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.8 | 0.7 | 0.8 | 0.7 |
Current ratio | 0.9 | 0.9 | 0.7 | 0.8 | 0.7 |
Cash and cash equivalents | 1 629.99 | 425.51 | 257.00 | 549.60 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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