Storm & Rod ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Storm & Rod ApS
Storm & Rod ApS (CVR number: 40226338) is a company from TÅRNBY. The company recorded a gross profit of 119.8 kDKK in 2023. The operating profit was -29.7 kDKK, while net earnings were -29.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -26.8 %, which can be considered poor and Return on Equity (ROE) was -50.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Storm & Rod ApS's liquidity measured by quick ratio was 13.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 134.69 | ||||
Gross profit | 4.15 | 21.07 | 14.43 | 294.96 | 119.78 |
EBIT | 3.82 | 21.07 | -11.01 | 29.31 | -29.66 |
Net earnings | 0.75 | 14.74 | -13.16 | 20.47 | -29.62 |
Shareholders equity total | 0.75 | 15.49 | 53.00 | 73.47 | 43.85 |
Balance sheet total (assets) | 54.82 | 84.73 | 87.43 | 168.06 | 52.62 |
Net debt | 42.60 | 18.06 | -4.94 | -7.13 | -5.04 |
Profitability | |||||
EBIT-% | -8.2 % | ||||
ROA | 8.9 % | 30.2 % | -12.8 % | 23.0 % | -26.8 % |
ROE | 99.5 % | 181.5 % | -38.4 % | 32.4 % | -50.5 % |
ROI | 10.2 % | 35.4 % | -12.3 % | 22.3 % | -29.5 % |
Economic value added (EVA) | 3.82 | 16.21 | -9.14 | 22.00 | -30.79 |
Solvency | |||||
Equity ratio | 1.4 % | 18.7 % | 60.6 % | 43.7 % | 81.9 % |
Gearing | 6269.9 % | 360.0 % | 58.9 % | 59.5 % | 3.5 % |
Relative net indebtedness % | -1.3 % | ||||
Liquidity | |||||
Quick ratio | 0.2 | 0.6 | 13.7 | 3.9 | 13.1 |
Current ratio | 1.0 | 1.2 | 27.2 | 5.2 | 55.6 |
Cash and cash equivalents | 4.55 | 37.72 | 36.16 | 50.87 | 6.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 16.2 | ||||
Net working capital % | 62.5 % | ||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | B |
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