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STORAGER ASSET INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 25153138
Østre Havnevej 23, 5700 Svendborg
sl@storasset.dk
tel: 20199161

Income statement (kDKK)

2013
2014
2015
2016
2017
Fiscal period length1212121212
Net sales
Gross profit53 843.1065 303.2781 986.6099 702.94102 643.53
Employee benefit expenses-40 985.92-46 179.92-57 653.20-69 343.20-73 649.72
Total depreciation-7 456.41-9 177.42-12 243.22-16 294.69-18 242.88
EBIT5 400.779 945.9312 090.1714 065.0510 750.93
Other financial income270.13493.56347.46598.07937.06
Other financial expenses-3 182.81-2 980.58-3 522.81-3 107.23-3 329.97
Pre-tax profit2 488.087 458.918 914.8311 555.888 358.02
Income taxes-1 091.83-2 130.11-2 760.72-3 488.07-2 855.44
Net earnings1 396.265 328.806 154.108 067.815 502.59

Assets (kDKK)

2013
2014
2015
2016
2017
Development expenditure64.96819.82851.55882.451 246.17
Intangible rights96.1074.7487.22
Goodwill36 333.5150 986.1961 590.7957 400.7253 284.19
Intangible assets total36 398.4751 806.0062 538.4558 357.9254 617.58
Buildings7 109.4911 582.9412 969.7719 260.2421 196.63
Machinery and equipment29 840.6538 643.2946 740.1848 299.1257 500.66
Tangible assets total36 950.1450 226.2359 709.9567 559.3678 697.29
Other non-current investments-0.00-0.00
Investments total6 058.565 989.876 101.235 969.716 871.00
Non-current other receivables820.321 853.59
Long term receivables total820.321 853.59
Finished products/goods4 469.623 214.614 137.073 880.534 545.13
Advance payments1 447.06634.38608.12474.93
Inventories total4 469.624 661.664 771.454 488.665 020.07
Current trade debtors5 285.642 622.5610 166.193 460.725 670.52
Current amounts owed by group member comp.6.92
Current owed by particip. interest comp.516.48100.00
Prepayments and accrued income326.12251.53369.05455.17799.88
Current other receivables5 575.386 950.5310 714.0811 498.1024 226.79
Short term receivables total11 703.619 824.6321 349.3215 413.9830 704.11
Cash and bank deposits3 473.154 654.302 083.0512 553.824 663.64
Cash and cash equivalents3 473.154 654.302 083.0512 553.824 663.64
Balance sheet total (assets)99 873.87129 016.28156 553.45164 343.44180 573.68

Equity and liabilities (kDKK)

2013
2014
2015
2016
2017
Share capital125.00125.00125.00125.00125.00
Shares repurchased98.4099.80101.20
Other reserves-10 098.78-17 435.94
Retained earnings29 366.5228 541.4530 955.3833 885.4239 779.25
Profit of the financial year1 396.265 328.806 154.108 067.815 502.59
Minority interest (BS)10 098.7817 435.9420 718.7623 372.0125 548.94
Shareholders equity total30 986.1834 095.0558 054.4565 450.2470 955.78
Provisions1 291.912 806.805 962.687 309.197 641.44
Non-current loans from credit institutions12 096.3922 143.4228 697.3431 327.8625 003.67
Non-current leasing loans5 475.165 756.003 377.562 820.356 469.91
Non-current other liabilities5 475.165 756.003 377.562 820.356 469.91
Non-current liabilities total23 046.7233 655.4235 452.4736 968.5537 943.48
Current loans from credit institutions21 791.5724 204.5727 261.1331 779.3641 975.12
Advances received238.82
Current trade creditors8 341.847 864.8819 357.9611 040.4013 811.94
Current owed to participating588.47707.96546.22
Short-term deferred tax liabilities1 811.272 556.182 960.483 381.205 506.98
Other non-interest bearing current liabilities6 916.6710 989.6110 037.4711 234.849 208.86
Accruals and deferred income475.63455.8759.34
Current liabilities total39 925.4546 779.0760 461.4157 435.8070 502.90
Balance sheet total (liabilities)95 250.26117 336.34159 931.01167 163.78187 043.59
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