Strømtid ApS — Credit Rating and Financial Key Figures

CVR number: 42308382
Erhvervsvej 17, 2600 Glostrup
rm@stromtid.dk
tel: 70666468
stromtid.dk
Free credit report Annual report

Company information

Official name
Strømtid ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About Strømtid ApS

Strømtid ApS (CVR number: 42308382) is a company from GLOSTRUP. The company recorded a gross profit of 9674.1 kDKK in 2024. The operating profit was 5733.6 kDKK, while net earnings were -2019.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.7 %, which can be considered excellent but Return on Equity (ROE) was -24.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -138.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Strømtid ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit1 475.2210 385.52-5 811.299 674.08
EBIT711.245 998.70-9 289.925 733.60
Net earnings539.644 273.05-7 255.90-2 019.87
Shareholders equity total1 539.645 812.69-5 247.61-7 267.47
Balance sheet total (assets)9 261.9022 571.9514 007.382 445.77
Net debt-1 051.36-5 782.53-4 690.68- 177.03
Profitability
EBIT-%
ROA7.7 %38.3 %-44.3 %39.7 %
ROE35.0 %116.2 %-73.2 %-24.6 %
ROI46.2 %164.4 %-315.4 %
Economic value added (EVA)550.524 571.69-7 545.864 334.54
Solvency
Equity ratio18.7 %39.6 %-53.1 %-138.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.32.31.20.2
Current ratio1.11.20.60.1
Cash and cash equivalents1 051.365 782.534 690.68177.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:39.7%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-138.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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