Strømtid ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 1 475.22 | 10 385.52 | -5 811.29 |
EBIT | 711.24 | 5 998.70 | -9 289.93 |
Net earnings | 539.64 | 4 273.05 | -7 255.90 |
Shareholders equity total | 1 539.64 | 5 812.69 | -1 443.21 |
Balance sheet total (assets) | 9 261.90 | 22 571.95 | 16 904.78 |
Net debt | -1 051.36 | -5 782.53 | -4 690.68 |
Profitability | |||
EBIT-% | |||
ROA | 7.7 % | 38.3 % | -45.3 % |
ROE | 35.0 % | 116.2 % | -63.9 % |
ROI | 46.2 % | 164.4 % | -315.4 % |
Economic value added (EVA) | 550.52 | 4 624.52 | -7 251.89 |
Solvency | |||
Equity ratio | 18.7 % | 39.6 % | -16.1 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.3 | 2.3 | 1.6 |
Current ratio | 1.1 | 1.2 | 0.8 |
Cash and cash equivalents | 1 051.36 | 5 782.53 | 4 690.68 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BBB | A | B |
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