Stranden Retail ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Stranden Retail ApS
Stranden Retail ApS (CVR number: 37877638) is a company from KOLDING. The company recorded a gross profit of -175.5 kDKK in 2023. The operating profit was -797.3 kDKK, while net earnings were -652.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -69.3 %, which can be considered poor and Return on Equity (ROE) was -453.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.7 %, 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. Stranden Retail ApS's liquidity measured by quick ratio was 1.5 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 | |||||
Gross profit | 953.14 | 1 103.02 | 644.00 | -60.24 | - 175.46 |
EBIT | -77.35 | 73.31 | - 586.65 | -1 377.10 | - 797.29 |
Net earnings | -73.85 | 30.71 | - 480.42 | -1 117.70 | - 652.51 |
Shareholders equity total | 412.48 | 443.19 | 462.76 | 145.07 | 142.56 |
Balance sheet total (assets) | 1 619.50 | 1 640.68 | 1 973.64 | 1 876.58 | 422.94 |
Net debt | 512.19 | 64.95 | 38.30 | 1 374.19 | 259.18 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.2 % | 4.5 % | -32.5 % | -71.5 % | -69.3 % |
ROE | -16.4 % | 7.2 % | -106.1 % | -367.8 % | -453.7 % |
ROI | -8.1 % | 8.7 % | -90.6 % | -124.7 % | -80.9 % |
Economic value added (EVA) | - 101.92 | 0.08 | - 490.43 | -1 106.95 | - 703.98 |
Solvency | |||||
Equity ratio | 26.3 % | 28.2 % | 24.2 % | 8.0 % | 33.7 % |
Gearing | 147.4 % | 43.2 % | 34.4 % | 980.0 % | 182.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 0.2 | 0.2 | 1.5 |
Current ratio | 0.8 | 1.0 | 1.1 | 1.0 | 1.5 |
Cash and cash equivalents | 95.83 | 126.38 | 120.70 | 47.54 | 1.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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