SHURGARD DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 30202503
Sundkrogsgade 21, 2100 København Ø

Credit rating

Company information

Official name
SHURGARD DENMARK ApS
Personnel
21 persons
Established
2007
Company form
Private limited company
Industry

About SHURGARD DENMARK ApS

SHURGARD DENMARK ApS (CVR number: 30202503) is a company from KØBENHAVN. The company reported a net sales of 116.3 mDKK in 2023, demonstrating a growth of 2.7 % compared to the previous year. The operating profit percentage was at 48.9 % (EBIT: 56.9 mDKK), while net earnings were 51.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. SHURGARD DENMARK ApS's liquidity measured by quick ratio was 15 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales95.9096.69105.17113.21116.32
Gross profit69.2974.9879.2487.2588.11
EBIT43.6546.0948.7255.5856.88
Net earnings33.5435.2436.6843.5351.10
Shareholders equity total420.33455.57492.25535.78586.88
Balance sheet total (assets)447.62482.41525.82563.24615.42
Net debt-1.18-0.84-0.90-1.00-0.98
Profitability
EBIT-%45.5 %47.7 %46.3 %49.1 %48.9 %
ROA10.2 %9.9 %9.7 %10.4 %11.2 %
ROE8.3 %8.0 %7.7 %8.5 %9.1 %
ROI10.7 %10.4 %10.2 %10.9 %11.7 %
Economic value added (EVA)14.6614.7014.6618.7817.73
Solvency
Equity ratio93.9 %94.4 %93.6 %95.1 %95.4 %
Gearing0.0 %0.0 %
Relative net indebtedness %23.2 %22.1 %26.0 %18.4 %18.0 %
Liquidity
Quick ratio4.87.27.612.215.0
Current ratio4.87.27.612.215.0
Cash and cash equivalents1.180.840.901.001.02
Capital use efficiency
Trade debtors turnover (days)53.431.031.030.834.3
Net working capital %92.0 %142.0 %178.0 %214.8 %263.0 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:11.2%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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