STORAGE MANAGEMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About STORAGE MANAGEMENT A/S
STORAGE MANAGEMENT A/S (CVR number: 21718173) is a company from SOLRØD. The company recorded a gross profit of 204.3 kDKK in 2023. The operating profit was -215.7 kDKK, while net earnings were -216.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -24.8 %, which can be considered poor and Return on Equity (ROE) was -55.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. STORAGE MANAGEMENT A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 247.63 | 313.90 | 323.98 | 326.64 | 204.35 |
EBIT | 83.09 | -45.97 | -46.21 | 25.46 | - 215.68 |
Net earnings | 60.34 | -41.79 | -51.23 | 24.38 | - 216.57 |
Shareholders equity total | 569.37 | 527.57 | 476.34 | 500.72 | 284.15 |
Balance sheet total (assets) | 1 020.54 | 1 122.74 | 862.28 | 902.20 | 822.01 |
Net debt | - 618.75 | - 500.64 | - 238.16 | - 329.13 | - 222.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.0 % | -3.6 % | -4.7 % | 2.9 % | -24.8 % |
ROE | 10.8 % | -7.6 % | -10.2 % | 5.0 % | -55.2 % |
ROI | 14.6 % | -6.9 % | -9.0 % | 5.1 % | -52.6 % |
Economic value added (EVA) | 73.71 | -43.49 | -46.87 | 14.19 | - 223.61 |
Solvency | |||||
Equity ratio | 55.8 % | 47.0 % | 55.2 % | 55.5 % | 34.6 % |
Gearing | 2.6 % | 2.9 % | 2.8 % | 4.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 1.4 | 1.0 | 1.1 | 1.4 |
Current ratio | 2.3 | 1.4 | 1.7 | 1.9 | 1.4 |
Cash and cash equivalents | 618.75 | 514.48 | 252.04 | 343.01 | 236.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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