STRØMWORKS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About STRØMWORKS ApS
STRØMWORKS ApS (CVR number: 26879205) is a company from KØBENHAVN. The company recorded a gross profit of 2457.7 kDKK in 2023. The operating profit was -345.1 kDKK, while net earnings were -307.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -25.5 %, which can be considered poor and Return on Equity (ROE) was -31.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -39.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. STRØMWORKS ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 403.04 | 1 030.04 | 215.58 | 2 824.57 | 2 457.74 |
EBIT | -45.98 | 562.16 | - 300.56 | 56.75 | - 345.13 |
Net earnings | -74.75 | 437.87 | - 257.66 | 23.79 | - 307.44 |
Shareholders equity total | - 410.60 | 27.27 | - 230.39 | - 206.60 | - 514.05 |
Balance sheet total (assets) | 887.69 | 1 130.65 | 1 099.92 | 1 156.95 | 801.13 |
Net debt | 155.03 | - 251.98 | 9.25 | 185.67 | 223.90 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.3 % | 44.7 % | -24.5 % | 4.9 % | -25.5 % |
ROE | -8.3 % | 95.7 % | -45.7 % | 2.1 % | -31.4 % |
ROI | -9.9 % | 236.0 % | -257.2 % | 31.9 % | -111.9 % |
Economic value added (EVA) | -15.88 | 470.17 | - 223.15 | 52.04 | - 266.50 |
Solvency | |||||
Equity ratio | -31.6 % | 2.4 % | -17.3 % | -15.2 % | -39.1 % |
Gearing | -87.8 % | 209.0 % | -25.7 % | -126.1 % | -49.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.1 | 0.9 | 0.9 | 0.6 |
Current ratio | 0.7 | 1.1 | 0.9 | 0.9 | 0.6 |
Cash and cash equivalents | 205.36 | 308.97 | 49.96 | 74.94 | 28.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | BB | B |
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