STRØMWORKS ApS — Credit Rating and Financial Key Figures

CVR number: 26879205
Amagertorv 1, 1160 København K
carlemil@stromworks.com
tel: 33130391
www.stromworks.com

Company information

Official name
STRØMWORKS ApS
Personnel
4 persons
Established
2002
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit403.041 030.04215.582 824.572 457.74
EBIT-45.98562.16- 300.5656.75- 345.13
Net earnings-74.75437.87- 257.6623.79- 307.44
Shareholders equity total- 410.6027.27- 230.39- 206.60- 514.05
Balance sheet total (assets)887.691 130.651 099.921 156.95801.13
Net debt155.03- 251.989.25185.67223.90
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)-15.88470.17- 223.1552.04- 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 ratio0.71.10.90.90.6
Current ratio0.71.10.90.90.6
Cash and cash equivalents205.36308.9749.9674.9428.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-25.5%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-39.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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