Stordal Engineering ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Stordal Engineering ApS
Stordal Engineering ApS (CVR number: 28506015) is a company from FREDERIKSHAVN. The company recorded a gross profit of 169.2 kDKK in 2024. The operating profit was 130 kDKK, while net earnings were -393.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.7 %, 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. Stordal Engineering ApS's liquidity measured by quick ratio was 28.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 156.60 | 98.89 | 156.69 | 78.12 | 169.16 |
| EBIT | 111.78 | 139.55 | 130.10 | 11.21 | 130.00 |
| Net earnings | 1 123.06 | 1 197.36 | 2 502.86 | 14 172.22 | - 393.63 |
| Shareholders equity total | 9 107.32 | 10 004.68 | 12 107.54 | 25 971.95 | 24 606.37 |
| Balance sheet total (assets) | 11 984.00 | 12 724.57 | 14 615.13 | 33 121.97 | 30 876.62 |
| Net debt | 1 945.31 | 1 416.68 | - 514.63 | -20 649.57 | -19 720.50 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 12.4 % | 12.3 % | 21.1 % | 61.5 % | 5.3 % |
| ROE | 13.0 % | 12.5 % | 22.6 % | 74.4 % | -1.6 % |
| ROI | 12.5 % | 12.6 % | 21.5 % | 66.8 % | 6.0 % |
| Economic value added (EVA) | - 463.70 | - 494.46 | - 540.39 | - 714.07 | -1 378.37 |
| Solvency | |||||
| Equity ratio | 76.0 % | 78.6 % | 82.8 % | 78.4 % | 79.7 % |
| Gearing | 29.7 % | 24.3 % | 18.7 % | 14.1 % | 10.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.0 | 8.8 | 8.4 | 11.5 | 28.2 |
| Current ratio | 3.0 | 8.8 | 8.4 | 11.4 | 28.0 |
| Cash and cash equivalents | 759.13 | 1 010.90 | 2 775.73 | 24 305.29 | 22 210.61 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | A |
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