Strømtid ApS — Credit Rating and Financial Key Figures

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

Company information

Official name
Strømtid ApS
Personnel
5 persons
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 -5811.3 kDKK in 2023. The operating profit was -9289.9 kDKK, while net earnings were -7255.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.3 %, which can be considered poor and Return on Equity (ROE) was -63.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -16.1 %. 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 1.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit1 475.2210 385.52-5 811.29
EBIT711.245 998.70-9 289.93
Net earnings539.644 273.05-7 255.90
Shareholders equity total1 539.645 812.69-1 443.21
Balance sheet total (assets)9 261.9022 571.9516 904.78
Net debt-1 051.36-5 782.53-4 690.68
Profitability
EBIT-%
ROA7.7 %38.3 %-45.3 %
ROE35.0 %116.2 %-63.9 %
ROI46.2 %164.4 %-315.4 %
Economic value added (EVA)550.524 624.52-7 251.89
Solvency
Equity ratio18.7 %39.6 %-16.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.32.31.6
Current ratio1.11.20.8
Cash and cash equivalents1 051.365 782.534 690.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAB

Variable visualization

ROA:-45.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-16.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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