STORE NORD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About STORE NORD HOLDING ApS
STORE NORD HOLDING ApS (CVR number: 33639724) is a company from KALUNDBORG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 73.8 % compared to the previous year. The operating profit percentage was at 23.4 % (EBIT: 0.1 mDKK), while net earnings were -16.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.5 %, 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. STORE NORD HOLDING ApS's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 237.58 | 1 268.28 | - 385.30 | 197.42 | 343.12 |
Gross profit | - 237.58 | 1 268.28 | - 392.79 | - 343.28 | 111.18 |
EBIT | - 244.95 | 1 263.03 | - 392.79 | - 360.19 | 80.18 |
Net earnings | - 183.05 | 1 324.99 | - 290.25 | - 324.44 | -16.89 |
Shareholders equity total | 2 699.54 | 4 024.53 | 3 584.29 | 3 259.84 | 3 184.96 |
Balance sheet total (assets) | 2 705.54 | 4 029.73 | 3 589.29 | 5 613.63 | 5 180.72 |
Net debt | -0.43 | 0.20 | -2 353.27 | 1 070.85 | 1 049.47 |
Profitability | |||||
EBIT-% | 99.6 % | -182.5 % | 23.4 % | ||
ROA | -5.9 % | 39.8 % | -6.9 % | -14.3 % | 1.7 % |
ROE | -6.5 % | 39.4 % | -7.6 % | -9.5 % | -0.5 % |
ROI | -6.0 % | 39.9 % | -6.9 % | -14.5 % | 1.7 % |
Economic value added (EVA) | - 346.47 | 1 168.56 | - 515.05 | - 328.23 | -90.12 |
Solvency | |||||
Equity ratio | 99.8 % | 99.9 % | 99.9 % | 58.1 % | 61.5 % |
Gearing | 0.0 % | 69.1 % | 59.4 % | ||
Relative net indebtedness % | -2.3 % | 0.4 % | 609.5 % | 594.4 % | 336.1 % |
Liquidity | |||||
Quick ratio | 264.5 | 316.1 | 697.5 | 1.8 | 2.2 |
Current ratio | 264.5 | 316.1 | 697.5 | 1.8 | 2.2 |
Cash and cash equivalents | 0.43 | 2 353.27 | 1 180.33 | 842.47 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -665.3 % | 129.1 % | -628.0 % | 292.2 % | 136.2 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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