Storax ApS — Credit Rating and Financial Key Figures

Storax ApS (CVR number: 41554355) is a company from KOLDING. The company recorded a gross profit of 2502.9 kDKK in 2023. The operating profit was 65.7 kDKK, while net earnings were 38.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.7 %, 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. Storax ApS's liquidity measured by quick ratio was 1.5 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.